369 Valley St - Apartments FOR SALE


Willimantic, CT 06226
$799,000 USD
860-508-2102
369 Valley St, Willimantic, CT for Sale
$799,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

369 Valley St
Willimantic, CT 06226


HIGHLIGHTS

  • Located less than 2 miles to Eastern CT University, Highway Access, Downtown

OVERVIEW

369 Valley, Willimantic is a totally remodeled 7 Unit asset is located less than 2 miles to Eastern Ct University! The in place Actual CAP is 7.6% with Gross Income: $120,600 with upside to $153,400. The Roof is new as of November of 2020, the plumbing was replaced between 2020 and 2022. 5 of the Hot Waters heaters new in 2019. The electric was upgraded in 2012 to circuit breakers with owner's panel. The unit mix consists of: 4, 3 bedroom units ($1550, $1500, $1425); 2, 2 bedroom units ($1,600, $1,225) and 1 office/studio/live/work space ($1500). The heating is natural gas. The tenants pays their own electricity. The asset is 3 stories and was built in 1900 and has off street parking. This investment opportunity is turnkey and easy to manage. Contact Kiki 860-377-1532 or Lindy 860-539-2730 with any questions

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

Mixed Use

APN/PARCEL ID

WIND-001203-000024-000011

ASK ABOUT THIS PROPERTY

Lisa CozziThe Cozzi TeamMore Info
860-508-2102

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Lisa CozziThe Cozzi TeamMore Info
860-508-2102

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