47 Willington Avenue

Stafford, Connecticut 06076

Status
Sale Pending
Square Feet
1,350
Beds
4
Price
$310,000
Type
Multi-Family For Sale
Garages
0
Baths
2
MLS
24103524

Price

$310,000

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Interior Details

Interior Size
1,350 Sq Ft
Bedrooms
4
Bathrooms
2
Rooms Total
Garage
0

Exterior Details

Lot Size
0.12 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$5,477
Assessed Value
$131,530
Elementary School
Stafford
Middle School
NULL
High School
Stafford

About Property

Investment Opportunity in Prime Stafford Location - 47 Willington Ave Welcome to this well-maintained and updated side-by-side two-family home, ideally located on sought-after Willington Avenue-just a short stroll to downtown amenities and the scenic Dennis Pond Conservation Area. With convenient access to Route 32 and just 20 minutes to UConn, this property offers excellent value for investors. Each unit offers 2 bedrooms and 1 bathroom, with laminate and hardwood flooring throughout. Both units are fully rented to reliable, long-term tenants at $1,200/month, producing a total annual income of $28,800. That's a solid 9% cap rate at the current list price-well above market average. Recent Updates Include: New roof and vinyl siding. Extensively renovated bathrooms. Buderus boiler with indirect hot water (maintained by local fuel supplier). Owner's meter with generator hook-up for added security. Additional Features: Two paved driveways plus street parking. Separate electric meters (paid by tenants). Public water and sewer. Washer and dryer hookups in each unit. All appliances included in the sale (see attachment). This is a true turn-key investment opportunity in a desirable neighborhood. Don't miss your chance to own a quality income-generating property in Stafford!
Listed by Home Selling Team, Noah King. Data sourced from SmartMLS

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