Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 7 BR
Bathrooms: 3
Pets: Pets Unknown
Area: 3076 sq ft

Financials

Price:$549,000
Annual Taxes:$11,238
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Michelle Lorenzetti of Premier Re Group LLC

Description

PRIME HAMDEN INVESTMENT OPPORTUNITY! Discover this spacious, light-filled, and well-maintained 3-family house offering outstanding cash flow from day one. Perfect for both investors and owner-occupants, this 3 story property features two 3-bedroom/1-bathroom units & one 1-bedroom/1-bathroom unit, plus additional income from a 2-car garage rental. The large, clean, semi-finished basement w/natural light presents excellent potential: finish it for additional rental income or create a spacious owner's duplex incorporating the backyard, driveway & garage. This turnkey investment comes fully occupied w/reliable tenants w/proof of on time rent. Investment Highlights: * Current Annual Income: $64,000 (Projected: $69,000) * Net Operating Income: $45,000 (Projected: $50,000) * Cap 8.15 (Projected: 9)All leases convert to month-to-month by July 31. Don't miss this opportunity to own a high-performing, low-maintenance multi-family property in desirable Hamden.

Amenities

  • Awnings
  • ceiling fan
  • Covered Deck
  • Elementary School - Per Board of Ed
  • Energy Star Rated
  • Gutters
  • High School - Hamden
  • Intermediate School - Per Board of Ed
  • Lighting
  • Porch
  • Sidewalk
  • Window Unit

PRIME HAMDEN INVESTMENT OPPORTUNITY !


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