Property
Ownership: | Multi-Family |
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Type: | Multi-Family |
Bedrooms: | 7 BR |
Bathrooms: | 3 |
Pets: | Pets Unknown |
Area: | 2730 sq ft |
FinancialsPrice: $540,000 Annual Taxes: $5,674
Price: | $540,000 |
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Annual Taxes: | $5,674 |
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1(203) 204-9555 | |
Courtesy of James Montanaro of Coldwell Banker Realty |
DescriptionInvesting in multi-unit residential properties can be a strategic move for those looking to diversify their investment portfolio. A three-unit building, such as the one described, offers a blend of immediate revenue through rental income and the prospect of asset growth over time. The variety in unit sizes-from two bedrooms on the lower floors to a more spacious three-bedroom unit encompassing the third and fourth floors-caters to different tenant needs, potentially reducing vacancy rates. Regular maintenance and updates are critical in preserving the property's value and appeal, which this building seems to have benefitted from. Moreover, the property's ability to accommodate various living arrangements makes it a versatile choice for investors aiming for both short-term gains and long-term capital appreciation.
Amenities- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School - Per Board of Ed
Investing in multi-unit residential properties can be a strategic move for those looking to diversify their investment portfolio. A three-unit building, such as the one described, offers a blend of immediate revenue through rental income and the prospect of asset growth over time. The variety in unit sizes-from two bedrooms on the lower floors to a more spacious three-bedroom unit encompassing the third and fourth floors-caters to different tenant needs, potentially reducing vacancy rates. Regular maintenance and updates are critical in preserving the property's value and appeal, which this building seems to have benefitted from. Moreover, the property's ability to accommodate various living arrangements makes it a versatile choice for investors aiming for both short-term gains and long-term capital appreciation.
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School - Per Board of Ed
Investing in multi unit residential properties can be a strategic move for those looking to diversify their investment portfolio.
DescriptionInvesting in multi-unit residential properties can be a strategic move for those looking to diversify their investment portfolio. A three-unit building, such as the one described, offers a blend of immediate revenue through rental income and the prospect of asset growth over time. The variety in unit sizes-from two bedrooms on the lower floors to a more spacious three-bedroom unit encompassing the third and fourth floors-caters to different tenant needs, potentially reducing vacancy rates. Regular maintenance and updates are critical in preserving the property's value and appeal, which this building seems to have benefitted from. Moreover, the property's ability to accommodate various living arrangements makes it a versatile choice for investors aiming for both short-term gains and long-term capital appreciation.
Amenities- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School - Per Board of Ed
Investing in multi-unit residential properties can be a strategic move for those looking to diversify their investment portfolio. A three-unit building, such as the one described, offers a blend of immediate revenue through rental income and the prospect of asset growth over time. The variety in unit sizes-from two bedrooms on the lower floors to a more spacious three-bedroom unit encompassing the third and fourth floors-caters to different tenant needs, potentially reducing vacancy rates. Regular maintenance and updates are critical in preserving the property's value and appeal, which this building seems to have benefitted from. Moreover, the property's ability to accommodate various living arrangements makes it a versatile choice for investors aiming for both short-term gains and long-term capital appreciation.
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School - Per Board of Ed
All information furnished regarding property for sale, rental or financing is from sources deemed reliable,
but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors,
omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without
notice. International currency conversions where shown are estimates based on recent exchange rates and are
not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.