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36 E Main Street, Stafford Springs, CT

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36 E Main Street

Stafford Springs, CT 06076-1274 - Ellington/Somers/Stafford/Union MF Submarket

Property Type:Multi-Family Number of Units:9 Status:Existing Year Built:1900
Stories:3 Building Size:4,100 SF Land Area:.62 AC (27,007 SF)
For Sale Price:$375,000 Price/Unit:$41,666.67 Cap Rate:10.00 % GRM:-


Sale Notes:
A Rare Turn Key, Fully Rented, Investor Opportunity. . . This 9-Unit Multi-Family Has A Cap Rate Of 10 And Has Been Fully Renovated, Updated, Upgraded Over The Past Several Years. New Boiler Mate Hot Water Heater New Exterior Paint All Interior And Exterior Doors Replaced With Commercial Grade Metal. All Windows Replaced With High Quality Alsides Thermal Windows. Smoke Detectors Both Individual Units And Interconnected For Common Areas. Emergency Lighting And Exit Signs. 40-Yr Timberline Roof New 7-8 Years Ago. All New Electrical Main Service And Unit Services. Sub Panels In Each Unit. Individual Storage Areas In Basement. Detached 3-Car Garage (Needs A New Roof) And A Shed On The Property For Additional Income.
Located In Stafford, CT Only A Short Walk To All The Shops, Stores, Restaurants, And Entertainment Of Stafford's Main Street. Only 10-Miles From The UCONN Campus, 4-Miles To I-84.

Arute Realty Group
Tammy Arute
(860) 684-0301 x10

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