Attention investors, this cream puff 4 unit brick investment property has a 7.7 cap rate with current below market value rents and a 9.5 cap with market value rents. This building has had extensive work completed within the last 3 years. Each unit is two bedroom one bath. All units renovated, brand new high quality vinyl replacement windows, new bathrooms, new kitchen flooring, hard wood floors refinished, electric services updated with new panels and sub boxes in each apartment, natural gas line brought to the house and four brand new ultra high efficiency Viessmann heat and hot water on demand natural gas heating units installed, new roof, new appliances, all new 90 minute steel fire doors, emergency lighting, hardwired smoke detectors, brand new sewer hook up and more. Almost everything new in building, great tenants, virtually a maintenance free property. Lots of parking large level yard. Tons of storage in clean bright concrete basement, washer dryer hook ups in each apt. Walking distance to Unionville center, close to Uconn Health Center.
Listing courtesy of Jason Saphire from www.HomeZu.com
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