The East Rock Investment property of your dreams! The building features over 9000 SQ FT of living space spread across 6 large three bedroom, 1 bath apartments. The building is currently bringing in over $277,000 of income with a net income of $211,011 with an 8.14 cap rate. The building has a ton of value with added potential with renovations to kitchens and baths. Low maintenance building with no driveway or off street parking and nice rear lot. The building has separate metered gas heating and electric, but hot water is included. Huge basement with washer and dryer for tenant use. Don't miss this great opportunity.
Features
18 bedrooms
6 bathrooms
9072 sq. ft. floor area
crop_free0.18 ac. lot size
cottageMulti-Family
Property history for 38 Bishop St
2020
Sold
$210,000
16 Oct 2020 by Emma Gallo, of Coldwell Banker Realty
Happy sellers in East Haven
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Local market activity for 18 bedroom multi families in East Haven
Sold
For Sale
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