***INSTANT CASH FLOW ALERT*** Gross $33,600 annually Fantastic Two-Family Home in Vernon. Instant Cash Flow Opportunity! Discover this well-maintained two-family house in Vernon, perfect for investors or those looking to house hack! This property features a newly updated first floor and reliable tenants in place on the second floor, making it an ideal investment. First Floor: The inviting one-bedroom, one-bath unit has just been refreshed with new paint and flooring, creating a modern and appealing space. This unit is ready for a new tenant or could serve as a cozy owner-occupied residence. With a market rent of $1,200, it's a great opportunity to secure additional income right away. Second Floor: The spacious four-bedroom, one-bath unit with great tenants who are currently paying $1,600 per month. This established rental income provides instant cash flow and peace of mind for any investor. Key Features: - Newly painted and floored first-floor unit - One-bedroom unit ready for occupancy at $1,200/month - Four-bedroom unit with reliable tenants at $1,600/month (Below market value) - Strong cash flow potential from day one - Great location in Vernon, close to amenities and transportation Don't miss this opportunity to invest in a property that immediate returns and long-term potential.
|
DAYS ON MARKET
|
80
|
LAST UPDATED
|
1/30/2025
|
|
YEAR BUILT
|
1900
|
COUNTY
|
Tolland
|
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Per Board of Ed |
| High School |
Rockville |
|
Prior to Dec 1, '24
|
$230,000
|
| Dec 1, '24 - Today |
$210,000 |
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Water Heater |
| BASEMENT |
None |
| CONSTRUCTION |
Frame, Vinyl Siding |
| HEAT |
Baseboard, Electric |
| LOT |
5663 sq ft |
| PARKING |
None, Paved |
| SEWER |
Public Sewer |
| STYLE |
Units on different Floors |
| TAXES |
2722 |
| WATER |
Public |
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Listing courtesy of Coldwell Banker Realty
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