MLS Number 170544288
- Multi Family Multi-Family For Sale
- Square Feet 3,900
- Acreage 0.15
- Bedrooms 15
- Property Style Other
100% Occupied, turnkey 6 unit asset located near Eastern CT University. The in place CAP RATE is 9.2% which includes management & maintenance. The unit mix is: 4, 3 bedroom units; 1, 2 bedroom unit; and 1, 1 bedroom unit. The tenants pay utilities. The electrical is separate and are circuit breakers. This asset can be purchased with 14 Milk, which is across the street. There is off-street parking. The asset is located near The Art Space, Garden on the Bridge and Shaboo Stage. New Owner has the opportunity to convert to student housing due to the proximity to the University. There are no delinquent paying tenants or evictions. The Owner does self manage.
Listed by Lisa Cozzi of Berkshire Hathaway NE Prop.