Don't miss this 12 unit VALUE ADD opportunity! This offering consists of (2) adjacent six-unit properties with a shared driveway and ample rear parking. #23 is fully occupied building with all 2 bed/1 bath units. It features a newer roof (less than 5 yrs), vinyl siding and some replacement windows. The utilities are separate and tenant paid - electric heat and gas HW + cooking. The hot water heaters are newer and electrical is updated to circuit breakers. There are washer/dryer hookups in the units and various interior updates - some flooring, fixtures, kitchens and baths. All tenants are M to M w/below market rents = big upside. #27 is a 6 unit property that is fully gutted and needs interior renovation including: electrical, plumbing, HVAC, sheetrock, flooring, and finishes. All units are also 2 bed/1 bath. It does have vinyl siding and a newer roof (less than 5 yrs) + some replacement windows. HUGE HUGE potential here with high ARV. The properties are across from Duggan School and in close proximity to Town Plot, highway access and local dining/shopping. Proforma value $900k + with 10% CAP & $90k NOI.
170461586
Multi-Family, Other
12
New Haven
6 Full
1930
0.43
Acres
Public Water Connected
Vinyl siding
Public Sewer Connected
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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