LOCATION, LOCATION, LOCATION !

LOCATION, LOCATION, LOCATION! Rarely Available 4 unit Asset near University of Connecticut! This investment opportunity is 100% occupied with long term tenants and has the following Unit Mix: 2- 1 bedroom units rented for $900 and $1,000; 1 - 2 bedroom unit rented for $1,000; and, 1 – 3 bedroom unit rented for $1,400. There is immense potential in cultivating value through increasing rents and taking advantage of the shortage of student housing at UCONN. There is a brand new well pump, a tremendous amount of off-street parking and a parklike yard. The asset is inspected by the Town of Mansfield Housing Authority every other year and every year by the Fire Marshall. The owner is in compliance and has a certificate. Tenants are all on Month to Month Agreements.