Great investment opportunity to acquire a fully occupied 5 unit multifamily in one of CT's highest yield multifamily markets. Property yields a 15% ROI at entry, with a 21% ROI proforma and being offered at a 10 CAP. The current, gross monthly rent is $6,320. This is an absolute money maker priced to move quickly.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
7/1/2025
|
|
YEAR BUILT
|
1875
|
COUNTY
|
New London
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Per Board of Ed |
| High School |
Per Board of Ed |
| AIR |
None |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Frame, Vinyl Siding |
| HEAT |
Natural Gas, Steam |
| LOT |
7841 sq ft |
| LOT DESCRIPTION |
Level |
| PARKING |
None |
| SEWER |
Public Sewer |
| STYLE |
Units on different Floors |
| TAXES |
7633 |
| WATER |
Public |
| ZONING |
NC |
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Listing courtesy of VC Property Group, LLC
Copyright Smart MLS. All rights reserved. Information is deemed reliable but not guaranteed to be accurate.
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