129 Valley Street

Willimantic CT 06226

3963 sq. ft.

0.25 ac.

Multi-Family

Currently for sale - view listing

Overview

Mixed-use investment property with multiple income streams and strong value-add potential. The property is zoned B-1A and currently configured with two occupied residential units generating income, plus two additional gutted residential units with plumbing in place, ready for build-out. The property also includes a commercial storefront with a separate entrance, offering flexibility for a variety of permitted uses. B-1A zoning may allow for additional residential units, subject to municipal approvals. Additional income opportunities include four dedicated storage spaces, ideal for ECSU students or nearby tenants, two garage bays, and an on-site parking lot, all of which convey with the property. Current NOI is approximately $38,291, with substantial upside through completion of the two remaining residential units. Property is being sold as-is. Rent roll and financials available upon request.