131 W Main St - Apartments FOR SALE


Plantsville, CT 06479
$898,000 USD
860-508-2102
131 W Main St, Plantsville, CT for Sale
$898,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

131 W Main St
Plantsville, CT 06479


HIGHLIGHTS

  • Located in the Heart of Plantsville Stately Historic 7 unit Building Once was the Plant Family Mansion
  • Tenants enjoy an unbeatable walkable location, steps from downtown Plantsville's many restaurants & cafes.
  • The property features separate utilities for each unit and significant capital improvements throughout.

OVERVIEW

Rare Investment Opportunity in the Heart of Plantsville. This stately and historic 7-unit building, once the Plant Family Mansion, is nestled in a rarely available prime location. Zoned R-12, the property may offer exciting potential for a possible 8th unit or future commercial and development opportunities (buyer to perform their own due diligence). The property features separate utilities for each unit and significant capital improvements throughout. Most units boast newer furnaces, refreshed flooring, modern cabinetry, fresh paint, durable siding, and energy-efficient thermopane windows. With current rents below market value, there's room to increase cash flow and unlock added value. Tenants enjoy an unbeatable walkable location, steps from downtown Plantsville's many restaurants & cafes. Whether you're looking to expand your portfolio or own a piece of local history with upside potential, this turnkey property is not to be missed.

FOR SALE DETAILS

PRICE

$898,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

7

PRICE/UNIT

$128,286

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,324 SF

ZONING

R-12

APN/PARCEL ID

SOUT-000074-000000-000067

ASK ABOUT THIS PROPERTY

Lisa CozziThe Cozzi TeamMore Info
860-508-2102

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Lisa CozziThe Cozzi TeamMore Info
860-508-2102

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.