64 Union St - Apartments FOR SALE


Vernon, CT 06066
$449,900 USD
203-314-4219
64 Union St, Vernon, CT for Sale
$449,900 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

64 Union St
Vernon, CT 06066


HIGHLIGHTS

  • REHAB Opportunity in Rockville Neighborhood
  • Desirable Unit Mix
  • Retail Space w/Good Visibility
  • 4 Car-Detached Garage + Off-Street Parking
  • Separate & Tenant Paid Utilities
  • ARV $1,000,000

OVERVIEW

Rare mixed-use investment opportunity in the Rockville neighborhood offering 7 total units plus a 4-car detached garage on a single .65-acre parcel. This property presents a strong value-add, rehab opportunity with immediate upside potential. The front building (5,097 SF) features 5 units-including 4 residential apartments (1, 2, 3 & 4-bedroom layouts) and 1 commercial space with half bath. This building provides a blank slate for renovations and leasing at market rents. Additional highlights include separate utilities for all units and parking in back. The rear building (3,353 SF) consists of a 2-family plus large storage area, with in-place income. Unit mix includes a 5-bedroom and a 3-bedroom unit both with separate gas and electric utilities. There is a 4-car detached garage for added income potential or valuable tenant amenity. Property also features ample off-street parking and has recently passed the annual fire inspection. Ideal for investors looking to stabilize, renovate, and increase cash flow in a growing area.

FOR SALE DETAILS

PRICE

$449,900 USD

PRICE/SF

$53 USD /SF

# OF UNITS

6

PRICE/UNIT

$74,983

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

REHAB Opportunity: 7 Units + 4 Car-Garage

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,245 SF

ZONING

DBR

APN/PARCEL ID

VERN-000023-000106-000019

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

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