190 West Stafford Road

Stafford Springs CT 06076

0.43 ac.

Multi-Family

Currently for sale - view listing

Overview

Rare opportunity to purchase a 5 unit investment property in Stafford with 17% ROI. The property consists of: (1) 3 Bed Unit, (2), 2 Bed Units and (2) 1 Bed Units – 100% occupied with all long term tenants. There is propane hot water for all units + propane heat for four of the apartments and electric for one unit. All the utilities are separate and tenant paid. LOW EXPENSES: well water, septic + no owner’s meter electric. The windows are approx. 12-years-old and the roof is approx. 10-years-old. Two units were renovated within the last 2-3 years and two units were renovated within the last 10 years. There is a large yard with shed in the rear for storage + lots of off-street parking. Good opportunity to own in a more residential area with stable tenant base and 8.5% CAP rate. Also listed as COMM MLS # 170452618.

Features

9 bedrooms

5 bathrooms

0.43 ac. lot size

Multi-Family

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Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Amanda Faroni

at Vanguard Private Client Grp

View listing

Sales:: (619) 566-0008

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