369 Valley Street

Windham, Connecticut 06226

Status
For Sale
Square Feet
4,954
Beds
0
Price
$799,000
Type
Commercial For Sale
Garages
Baths
7
MLS
24078969

Price

$799,000

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Interior Details

Interior Size
4,954 Sq Ft
Bedrooms
0
Bathrooms
7
Rooms Total
Garage

Exterior Details

Lot Size
0.16 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Window Unit

Other Information

Property Tax
$18,796
Assessed Value
$507,190
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

369 Valley, Willimantic is a totally remodeled 7 Unit asset is located within walking distance to Eastern Ct University! The in place Actual CAP is 8% with Gross Income: $120,600 with upside to $153,400. The Roof is new as of November of 2020, the plumbing was replaced between 2020 and 2022. 5 of the Hot Waters heaters new in 2019. The electric was upgraded in 2012 to circuit breakers with owner's panel. The unit mix consists of: 4, 3 bedroom units ($1550, $1500, $1425); 2, 2 bedroom units ($1,600, $1,225) and 1 office/studio/live/work space ($1500). The heating is natural gas. The tenants pays their own electricity. The asset is 3 stories and was built in 1900 and has off street parking. This investment opportunity is turnkey and easy to manage.
Listed by Century 21 AllPoints Realty, Lisa Cozzi. Data sourced from SmartMLS


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