Property
| Ownership: | Multi-Family |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | 10 BR |
| Bathrooms: | 6 |
| Pets: | Pets Unknown |
| Area: | 4159 sq ft |
FinancialsPrice:$719,900Annual Taxes:$7,535
DescriptionTurnkey investment opportunity! This well-kept 5-unit multifamily at 157 Crystal Ave, New London, CT 06320 brings in an impressive $10,000 in monthly rental income (with 3 units at $1,250, one at $2,500, and another at $3,750), delivering an annual NOI of $72,000. Recently appraised at $700,000 in June 2024, the property includes a newer furnace, a coin-operated laundry system for added income, and a 3-car garage offering extra rental potential or storage space. Ideal for investors looking for strong cash flow and a stable asset!
Amenities- Elementary School - Per Board of Ed
- High School - New London
- Intermediate School -
- Window Unit
Turnkey investment opportunity! This well-kept 5-unit multifamily at 157 Crystal Ave, New London, CT 06320 brings in an impressive $10,000 in monthly rental income (with 3 units at $1,250, one at $2,500, and another at $3,750), delivering an annual NOI of $72,000. Recently appraised at $700,000 in June 2024, the property includes a newer furnace, a coin-operated laundry system for added income, and a 3-car garage offering extra rental potential or storage space. Ideal for investors looking for strong cash flow and a stable asset!
- Elementary School - Per Board of Ed
- High School - New London
- Intermediate School -
- Window Unit
Turnkey investment opportunity !
DescriptionTurnkey investment opportunity! This well-kept 5-unit multifamily at 157 Crystal Ave, New London, CT 06320 brings in an impressive $10,000 in monthly rental income (with 3 units at $1,250, one at $2,500, and another at $3,750), delivering an annual NOI of $72,000. Recently appraised at $700,000 in June 2024, the property includes a newer furnace, a coin-operated laundry system for added income, and a 3-car garage offering extra rental potential or storage space. Ideal for investors looking for strong cash flow and a stable asset!
Amenities- Elementary School - Per Board of Ed
- High School - New London
- Intermediate School -
- Window Unit
Turnkey investment opportunity! This well-kept 5-unit multifamily at 157 Crystal Ave, New London, CT 06320 brings in an impressive $10,000 in monthly rental income (with 3 units at $1,250, one at $2,500, and another at $3,750), delivering an annual NOI of $72,000. Recently appraised at $700,000 in June 2024, the property includes a newer furnace, a coin-operated laundry system for added income, and a 3-car garage offering extra rental potential or storage space. Ideal for investors looking for strong cash flow and a stable asset!
- Elementary School - Per Board of Ed
- High School - New London
- Intermediate School -
- Window Unit
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