715 Riverside Dr - Apartments FOR SALE


North Grosvenordale, CT 06255
$1,150,000 USD
518-788-0249
715 Riverside Dr, North Grosvenordale, CT for Sale
$1,150,000 USD
Apartments - FOR SALE
1/14
null | 9% Cap Rate

715 Riverside Dr
North Grosvenordale, CT 06255


HIGHLIGHTS

  • 27 Total Bedrooms
  • Newly Renovated
  • Significant rental demand in the area

OVERVIEW

Huge Fully Renovated 6 Unit Multifamily in desirable North Grosvenordale, CT. Building consists of (3) four-bedroom units and (3) five-bedroom townhouse style units. 27 Total Bedrooms across all 6 units. All units have been completely remodeled. Current gross rents of $147,000+ annually. Improvements include: All New Windows New Roof New Kitchens in all units New Bathrooms in all units Newly refinished hardwood floors New LVP floors in kitchens New lighting throughout Vinyl sided with parking in the rear for 15 cars. Rare offering of this size in an area with very limited rental stock and significant demand. Please call Alex at 518-788-0249 to inquire

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$170 USD /SF

# OF UNITS

6

PRICE/UNIT

$191,667

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

E-111

APN/PARCEL ID

THOM-000063-000058-000023

ASK ABOUT THIS PROPERTY

Alexander MacielakAlexander MacielakMore Info
518-788-0249

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Alexander MacielakAlexander MacielakMore Info
518-788-0249

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