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76 Main Street, Stafford Springs, CT

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76 Main Street

Stafford Springs, CT 06076-1413 - Tolland County Submarket

Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing , Renov July 2016 Year Built:-
Building Size:2,700 SF Land Area:-
For Sale Price:$374,900 Price/SF:$138.85
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 1.48/1,000 SF

Sale Notes:
Completely Rebuilt From A Shell EVERYTHING IS NEW! Mixed Use (Retail & Residential) $39,600 Gross Annual Income Turn Key Investment Property.

This Property Was Completely Rebuilt From A Shell In 2015 Rendering The 2015 Year Built. All New Roof, Siding, Windows, Doors, Insulation, Heating Systems, Electrical, Plumbing, Oak & Maple Floors, Sheetrock, Everything! The 1st-Floor Retail Space is 1,525-S.F. Of Open Retail With Store Front And Central A/C. The 2nd-Floor 1,215-S.F. Residential Features Open Floor Plan, 3-Bedrooms, New Kitchen, New Bath, New Maple Floors, New Everything. The Retail Space Is Leased, 3-Year At $2,000 A Month. The Residential Will Be Completed September Expected Lease Rate Of $1,300 A Month. With Everything NEW, Buyer Can Expect Very Low Expenses Against The $39,600 Annual Gross Rental Income.

Hi Traffic Main Street Stafford Location Has Recently Seen Several Nationals Come To The Area. Residential Rental Market Is Currently Low Supply And High Demand.

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

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