Dental anchored 5 unit mixed use in downtown New London, 100 leased.
27 Broad
New London, CT 06320
Listing
| Web ID: | 5637079 |
|---|---|
| Website: | https://www.nestseekers.com/5637079 |
Property
| Ownership: | Commercial |
|---|---|
| Type: | Commercial |
| Bathrooms: | 5 |
| Area: | 5510 sq ft |
Financials
Price:$849,000
Annual Taxes:$11,862
Description
Dental-anchored 5-unit mixed-use in downtown New London, 100% leased. Established dental practice pays $53K+/yr - plus four apartments above (two 2BR/1BA, two 1BR/1BA) with heat & hot water included. Residential rents below market; proforma NOI ~$74K on ~$135 gross. Walkable to rail, waterfront & downtown. Full financial summary attached; figures are estimates subject to buyer's independent due diligence. Turnkey income with real upside.
Amenities
- Central Air
- Elementary School -
- Employee Lounge
- Gutters
- High School -
- Intermediate School -
- Security System
- Sidewalk
- Window Unit
Contact
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Phone: +1 203-204-9555
Listing Courtesy of Jason Pollard of Compass Connecticut, LLC