Exceptional pride of ownership is evident in this rare opportunity to acquire a 14 unit multifamily asset in Woodstock, CT, with the option to combine with an additional 14 units ...


Property

Website:https://www.nestseekers.com/5185239
Address:
5 Brookside
Woodstock, CT 06281
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 4
Area: 10908 sq ft

Financials

Price:$2,640,000
Annual Taxes:$11,853

Description

Exceptional pride of ownership is evident in this rare opportunity to acquire a 14-unit multifamily asset in Woodstock, CT, with the option to combine with an additional 14 units at Pinecrest Apartments for portfolio sale. Built in 1987, the property features tenant-paid utilities with individual hot water heaters and electrical subpanels in every unit-supporting efficient operations and strong, consistent cash flow. The asset consists of 13 townhouse-style units and one garden unit with an attractive unit mix: (4) 1BR/1BA, (4) 1BR/1.5BA, (2) 2BR/1BA, and (4) 2BR/1.5BA. Ownership has invested significant capital upgrading units with premium finishes including granite countertops, shaker cabinetry, modern backsplashes, wide-plank flooring, and stainless-steel appliances. Tenant amenities include one garage per unit, ample off-street parking, private porches, built-in wall A/C sleeves, and four EV charging stations (8 plugs). Eight units offer in-unit washer/dryer hookups; remaining units are served by newly installed coin-operated laundry. Five storage units are located in the common laundry area, three of which present additional income potential. Strong occupancy, extensive capital improvements, and a low-maintenance operating profile make this a turn-key investment offering durable returns and long-term upside.

Amenities

  • Deck
  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Lighting
  • Window Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Lisa Cozzi of Century 21 AllPoints Realty