54 Roath St - Apartments FOR SALE


Norwich, CT 06360- Northeast New London/Norwich
$390,000 USD
225-288-4109
54 Roath St, Norwich, CT for Sale
$390,000 USD
Apartments - FOR SALE
1/11
null | 9.7% Cap Rate


HIGHLIGHTS

  • Great cash flow opportunity.
  • Off-street parking available.
  • Renovated with updated kitchens.
  • Modern bathrooms, new flooring and new roof.

OVERVIEW

Excellent opportunity to acquire a cash-flowing 3-unit building! This 2,788 SF three-story property consists of two 3-bedroom, 1-bath units, and one 1-bedroom, 1-bathroom all of which have been renovated with updated kitchens, modern bathrooms, new flooring and new roof. Separate, tenant-paid utilities enhance income potential. Additional features include off-street parking. A solid investment with strong cash flow and value-add upside.

FOR SALE DETAILS

PRICE

$390,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

4

PRICE/UNIT

$97,500

CAP RATE

9.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1850

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

MF

APN/PARCEL ID

NORW-000094-000006-000005,NWCH-000094-000006-000005

ASK ABOUT THIS PROPERTY

Shay HugoOxford RealtyMore Info
225-288-4109

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Shay HugoOxford RealtyMore Info
225-288-4109

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