7 W Park St - Apartments FOR SALE


Willimantic, CT 06226
$749,900 USD
860-918-3945
7 W Park St, Willimantic, CT for Sale
$749,900 USD
Apartments - FOR SALE
1/11
null | 10% Cap Rate

7 W Park St
Willimantic, CT 06226


HIGHLIGHTS

  • Spacious Multi-Family Investment Opportunity!
  • Features include a full basement, with coin-op laundry, electric heat in all units, all utilities paid by tenants.

OVERVIEW

Spacious Multi-Family Investment Opportunity! Features include a full basement, with coin-op laundry, electric heat in all units, all utilities paid by tenants. Plenty of parking. ***VALUE ADD OPPORTUNITY-- finish the 7th unit for an additional $1200/m+, some units can use cosmetic improvements. Neighboring lot may be available at 9 W. Park for additional parking or additional improvement. GOI: $8,650 Annual Gross: $103,800 other income (Laundry): $1750 Annual expenses: $30,523.28 NOI:$75,026.72 10 CAP

FOR SALE DETAILS

PRICE

$749,900 USD

PRICE/SF

$119 USD /SF

# OF UNITS

7

PRICE/UNIT

$107,129

CAP RATE

10%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

NPR1

APN/PARCEL ID

WIND-001305-000163-000006

ASK ABOUT THIS PROPERTY

Robyn LetourneauBerkshire HathawayMore Info
860-918-3945

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Robyn LetourneauBerkshire HathawayMore Info
860-918-3945

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