138 Grassy Plain St - Apartments FOR SALE


Bethel, CT 06801
$1,725,000 USD
203-695-1003
138 Grassy Plain St, Bethel, CT for Sale
$1,725,000 USD
Apartments - FOR SALE
1/2
null | 8.5% Cap Rate

138 Grassy Plain St
Bethel, CT 06801


OVERVIEW

First time on the market, a 12-unit apartment building in sought-after Bethel, CT. The building is made up of 4 studio apartments, four one-bedroom apartments, and four two-bedroom apartments. Four units were recently renovated and are ready for the new owner to lease. The remaining eight units are occupied at below-market rates. The roof, siding, and gutters were replaced in March of 2023. The property is hooked up to city water and city sewer. Low-maintenance building ready for its new owner. Priced at $1,725,000, Please call Doug Rose at 203-470-3799

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$237 USD /SF

# OF UNITS

12

PRICE/UNIT

$143,750

CAP RATE

8.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

C

APN/PARCEL ID

BETH-000015-000022-000052

ASK ABOUT THIS PROPERTY

Paul ScalzoScalzo Commercial & New DevelopmentMore Info
203-695-1003

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Paul ScalzoScalzo Commercial & New DevelopmentMore Info
203-695-1003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.