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190 W Stafford Road

Stafford, CT 06076
  • $299,900
  • STATUS: Active
  • MLS #: 170452618
UPDATED: 39 min ago
$299,900
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,841
    SQFT
  • $78
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Rare opportunity to purchase a 5 unit investment property in Stafford with 17% ROI. The property consists of: (1) 3 Bed Unit, (2), 2 Bed Units and (2) 1 Bed Units 100% occupied with all long term tenants. There is propane hot water for all units + propane heat for four of the apartments and electric for one unit. All the utilities are separate and tenant paid. LOW EXPENSES: well water, septic + no owners meter electric. The windows are approx. 12-years-old and the roof is approx. 10-years-old. Two units were renovated within the last 2-3 years and two units were renovated within the last 10 years. There is a large yard with shed in the rear for storage + lots of off-street parking. Good opportunity to own in a more residential area with stable tenant base and 8.5% CAP rate. Also listed as MULTI MLS #170452227.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-12-07T23:09:47.35.
www.nrgrealestate.com/homes/123330006
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190 W Stafford Road Stafford, CT 06076

  • Price: $299,900
  • Status: Active
  • On Site: Days
  • Updated: 39 min ago
  • MLS #: 170452618
0
Beds
0
Baths
0
½ Baths
0.43
Acres
3,841
SQFT
$78
$/SQFT
1900
Built
Neighborhood:
West Stafford
County:
Tolland
Area:
Stafford
Property Description
Rare opportunity to purchase a 5 unit investment property in Stafford with 17% ROI. The property consists of: (1) 3 Bed Unit, (2), 2 Bed Units and (2) 1 Bed Units 100% occupied with all long term tenants. There is propane hot water for all units + propane heat for four of the apartments and electric for one unit. All the utilities are separate and tenant paid. LOW EXPENSES: well water, septic + no owners meter electric. The windows are approx. 12-years-old and the roof is approx. 10-years-old. Two units were renovated within the last 2-3 years and two units were renovated within the last 10 years. There is a large yard with shed in the rear for storage + lots of off-street parking. Good opportunity to own in a more residential area with stable tenant base and 8.5% CAP rate. Also listed as MULTI MLS #170452227.
Exterior Features

Construction Description Frame Exterior Features GuttersLightingSidewalk Foundation Type MasonryStone Lot Description Level Lot Parking Total Spaces 10 Road Frontage Description Municipal Street Roof Information Asphalt Shingle

Interior Features

Cooling System Window Unit Flooring TileVinylWall-To-Wall CarpetWood Heat Type Baseboard

Property Features

ADACompliant YN No Bank Owned Property Yn No Commercial Category InvestmentResidential Income Documents Available None Flood Zone Yn Yes Garage Parking Info UnpavedOff Street Parking Heat Fuel Type ElectricPropane Location Suburban Possession Availability Negotiable Potential Short Sale Yn No Present Use Residential Property Tax 4858 Sewage System Septic Sign Yn No Tenants Number Of 5 Utilities Available ElectricTelephoneCable Water Source Private Well Zoning Lb

Listing information © 2021 Smart MLS
Listing provided courtesy of Amanda R Faroni of Vanguard Private Client Grp.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-12-07T23:09:47.35.
 
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