Discover a lucrative investment opportunity in Hamden, CT!
1700 Dixwell Ave, Buildings B, C & D feature a retail center with three commercial condos, offering a total of 14 rental units across 10,987 SF. The property is fully occupied, providing a stable income stream with an attractive NOI of $191,395 and a high 9.5% Cap Rate.
Positioned for success, the center boasts a prime location with a new pylon sign, ample parking, and high traffic visibility with 31,300 CPD. Each building showcases unique rental spaces, all of which are fully leased to a total of 12 tenants, creating a diverse tenant mix. With professional condominium management in place, this turnkey investment allows for a seamless ownership experience.
Collect rents, pay one check to the Condo Associaiton and one check for taxes twice a year…easy breezy.
Take advantage of this rare chance to own a thriving retail property in a rapidly growing area. Don't miss out on this outstanding opportunity at 1700 Dixwell Ave, Hamden, CT!