369 Valley, Willimantic is a totally remodeled 7 Unit asset is located within walking distance 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.
Features
15 bedrooms
6 bathrooms
directions_car8 carspaces
4954 sq. ft. floor area
crop_free0.16 ac. lot size
cottageMulti-Family
Property history for 369 Valley Street
2023
Sold
$755,000
04 Jan 2023 by Lisa Cozzi, of Berkshire Hathaway NE Prop.
Happy sellers in Willimantic
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Local market activity for 15 bedroom multi families in Willimantic
Sold
For Sale
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