$450,000
$475,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
4,920 SqFt
SOLD DATE : 06/24/2022
Key Details
Sold Price $450,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,920 sqft
Price per Sqft $91
MLS Listing ID 170476066
Sold Date 06/24/22
Year Built 1900
Annual Tax Amount $6,849
Lot Size 0.290 Acres
Property Description
Investors take notice! 6 unit, well-maintained property in a central location – close to bus lines, parks, shopping and more. Four 2-bed units and two 1-bed units are fully rented. Rents are below market value and could be increased. All tenants are current on rent. In the past two years, the current owner gut renovated apartments 1 and 6, replaced the kitchen in apartments 2 and 4, replaced the bathroom in apartment 5, replaced two furnaces and 2 hot water heaters, installed a coin-operated washer and dryer in the basement, replaced the gutters, replaced the roof on the balconies, re-built the side and one rear deck, installed a concrete floor in the basement and more. The property has vinyl siding, plenty of parking in the back, first floor units have access to the front porch, and each 2nd and 3rd floor units have a private balcony. This is a great investment opportunity now, and has plenty of potential for increased income. Showings on Tuesday April 5th from 5-7pm and Saturday April 9th 12-2p ONLY. All buyers must have an appointment.
Location
State CT
County Tolland
Zoning PND
Interior
Heating Baseboard, Gravity Warm Air
Cooling None
Exterior
Garage Paved, Off Street Parking
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 3
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Ross Wilcox • Berkshire Hathaway NE Prop.
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Broker | REB.0791464