87 Union St - Multi-Family FOR SALE


Vernon, CT 06066
$865,000 USD
860-308-6115
87 Union St, Vernon, CT for Sale
$865,000 USD
Multi-Family - FOR SALE
1/9
null | 9.71% Cap Rate

87 Union St
Vernon, CT 06066


HIGHLIGHTS

  • 100% Occupied
  • Great Unit Mix

OVERVIEW

Excellent opportunity to acquire a cash-flowing investment asset featuring two buildings on a single parcel. One building consists of five units and a standalone single-family accompanied by a four-car garage. The well-balanced unit mix includes one 2-bedroom, 1-bath unit, four 3-bedroom, 1-bath units, and a 4-bedroom, 1-bath single-family residence with several recent updates. All utilities are separate and tenant-paid, maximizing income potential. This investment offers immediate cash flow with the added upside of rent increases upon unit turnover. There's a private driveway and ample off-street parking.

FOR SALE DETAILS

PRICE

$865,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

6

PRICE/UNIT

$144,167

CAP RATE

9.71%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

VERN-000023-000093-000015

ASK ABOUT THIS PROPERTY

Thuyan TranOxford RealtyMore Info
860-308-6115

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Thuyan TranOxford RealtyMore Info
860-308-6115

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