A stabilized apartment complex just one half mile from the picturesque downtown of Chester, CT. This property features a strong CAP ex profile including a new roof, electrical service, and well water treatment system. A 6% CAP rate is projected at entry assuming fully burdened vacancy, maintenance, and management figures. Each unit pays their own electric bill which includes the cost of heat and hot water. The owners pay for the dumpster, well water and treatment, the common electric bill, taxes, and insurance. Three of the seven residential units in the main building have washer and dryer hookups and there is off street parking for all units. A 1,500 square foot warehouse is positioned along the driveway at the base of the hill.
Features
7 bedrooms
7 bathrooms
directions_car10 carspaces
directions_car1 garage space
8500 sq. ft. floor area
crop_free2.56 ac. lot size
cottageMulti-Family
Property history for 59 Maple St
2017
Sold
$895
29 Nov 2017
2017
Rented
Undisclosed
03 Nov 2017 by Berkshire Hathaway NE Prop.
Happy sellers in Chester Center
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Local market activity for 7 bedroom multi families in Chester Center
Sold
For Sale
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