This portfolio is a value add opportunity with 18+% CAP pro-forma. The sale consists of: 76, 78, 80, 82, 84 West Main Street. The sale consists of 5 adjacent buildings with a total of 12 units - (3 2 Family Properties + (2 3 Family Properties. The unit mix is: 10 two bed units and 2 three bed units. The majority of units are updated, including kitchens, baths, flooring and paint. There are 2 units that need complete rehab and 1 that needs renovation. The majority of units have separate and tenant paid utilities. There is an area for a laundry room to be installed. The electrical is separate and tenant paid. There is shared, off street parking. This opportunity is close to town and the highway Currently a super in place, willing to stay on for new owner. AS-IS SALE MUST purchase CASH or hard/private money.
Off market
Zestimate®
$555,100
78 W Main St, Stafford Springs, CT 06076
13beds
22,315sqft
MultiFamily
Built in 1900
-- sqft lot
$555,100 Zestimate®
$25/sqft
$1,495 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Electric, Gas
Features
- Basement: Unfinished, Full
- Attic: Crawl Space
Interior area
- Total interior livable area: 22,315 sqft
- Finished area below ground: 10000
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 0.52 Acres
- Features: Level
Details
- Parcel number: STAFM52L081
- Zoning: RR-10
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Stafford Springs
HOA & financial
Other financial information
- Total actual rent: 475000
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Electric, Natural Gas
- Roof: Shingle
- Basement: Unfinished, Full
- AssociationYN: 0
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 12
- ConstructionMaterials: Frame, Vinyl Siding
- LandLeaseAmountFrequency: Monthly
- LotFeatures: Level
- FoundationDetails: Block, Concrete
- NumberOfUnitsInCommunity: 6
- Cooling: Window Unit(s)
- ArchitecturalStyle: Other
- PatioAndPorchFeatures: Porch
- Zoning: RR-10
- ParkingFeatures: Off Street, Paved
- YearBuiltSource: Public Records
- Attic: Crawl Space
- BelowGradeFinishedArea: 10000
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 475000.00