Incredible Investment opportunity to own three buildings on one large 2.
| Website: | https://www.nestseekers.com/5439890 |
|---|---|
| Address: | 444 Foxon East Haven, CT 06513 |
| Ownership: | Commercial |
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| Type: | Commercial |
| Bathrooms: | 12 |
| Area: | 20971 sq ft |
Financials
Price:$2,495,000
Annual Taxes:$59,503
Description
Incredible Investment opportunity to own three buildings on one large 2.16 acre lot on Route 80 in East Haven with a huge upside potential. The first building consist of a 16,570 SQ FT office building with 3 excellent long term tenants and one 1000 SQ FT office space currently vacant. The rents for the building are currently $7000 (leased until 2026), $3181 (leased until 2028) and $1800 (Month to month). The second building is located at 430 Foxon RD which is a free standing building with 1950 SQ FT leased for $4191 per month until 2027 to a bank with a long term NNN lease (Paying 37% of the taxes on the property). The bank has a second three year option until 2030 at $4,400 and is currently in negotiation to resign for an additional 10 years. The third building is a 2424 SQ FT single family house with 5 bedrooms and 1.5 baths currently leased at a very below market rent at $1800 per month. The complex has ample off street parking for ~ 40 cars. This Investment opportunity will not last long!
Amenities
- Central Air
- Elementary School -
- High School -
- Intermediate School -
- Lighting
- Sidewalk
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of John Hill of Seabury Hill REALTORS | |