$1,100,000
$200K PRICE DROP

Estimated payment $8,019/month

Total Views 132,821
20 Beds
12 Baths
9,264 Sq Ft
$119 Price per Sq Ft

Highlights

  • Waterfront
  • Attic
  • Storm Windows
  • 0.47 Acre Lot
  • Thermal Windows
  • 4-minute walk to Willie Ware Park

About This Home

Investors Take Notice Of This True One Of A Kind Immaculate Turn-Key 8 Unit Up/Down Condo Style Building Built In 1990. Rare To Find Such A Well Maintained Excellent Condition Property To Add To Any Portfolio. A Perfect Investment Property To Take Over And Begin Collecting Positive Monthly Cash Flow Income With Minimal Landlord Expenses. Each Unit Comes With Kitchen, Eating Area, Living Room, In Unit Laundry, Vinyl Windows, Separate Gas Heat Boiler, Water Heater, Electrical Breaker Panel, And Separate Full Basement. The Property Also Features A Fenced Level Lot With Patio Area And 14 Car Private Parking Lot. Just Blocks From Downtown, Restaurants, Dunkin' Park Baseball Field, St Francis Hospital, Bushnell Park, Museums, Easy Access To I-84 And Rte-91 Hwy. Rents Were Kept Extremely Below Market Value Because Occupants Are Members Of A Not-For-Profit Cooperative Structure. All Occupants Are Month-To-Month And Pay All Separate Utilities. Fully Rented And Up To Date Payments. Fair Market Rents Are $1800 For 4 Bedroom Units, $1600 For 3 Bedroom Units, $1400 For 2 Bedroom Units. This Building Comes With (2x) 4 Bed/2 Bath, (4x) 3 Bed/1.5 Bath, (2x) 2 Bed/1 Bath Totaling $153,600 Annual Gross Income. 8.3% Cap Rate. Sold As Is. To Schedule Showing: 24 Hours Notice And Email Proof Of Funds, Prequal Or LOI To Listing Agent Prior To Confirmation. Don't Miss Out On This Amazing Opportunity!

Listing Agent

Michael Truong

eXp Realty License #RES.0794690 Listed on: 10/18/2022

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,894

Year Built

  • Built in 1990

Lot Details

  • 0.47 Acre Lot
  • Waterfront
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 9,264 Sq Ft Home
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 20 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 14 Parking Spaces
  • Private Driveway

Outdoor Features

  • Patio

Location

  • Property is near shops
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 8 Units
  • Gross Income $153,600

Listing and Financial Details

  • Assessor Parcel Number 611109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,894

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side, Other
  • Sq Ft Est Heated Above Grade: 9264
  • Total Sq Ft: 9264
  • Year Built: 1990
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 15734
  • Directions: Main St to Battles St to Bellevue St
  • Living Area Sq Ft Per Public Record: 9264
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 20
  • Total Bathrooms: 12
  • Full Bathrooms: 8
  • Half Bathrooms: 4
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Laundry Room Location: Laundry In Each Unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 270

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 14
  • Garage And Parking: Paved, Off Street Parking, Parking Lot

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.469
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: NX-1
  • Parcel #: 611109

Multi Family

  • Gross Annual Income: 153600
  • Net Operating Income: 96807
  • Total Number Of Units: 8
  • Unit Count: 6

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 25894
  • Total Assessed Value: 375550
  • Mil Rate Total: 68.95

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 For Sale $1,100,000 0.0% $119 / Sq Ft
01/01/2025 01/01/25 Off Market $1,100,000 -- --
01/01/2024 01/01/24 For Sale $1,100,000 0.0% $119 / Sq Ft
01/01/2024 01/01/24 Off Market $1,100,000 -- --
08/04/2023 08/04/23 Price Changed $1,100,000 -15.4% $119 / Sq Ft
10/18/2022 10/18/22 For Sale $1,300,000 -- $140 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 170530368

SmartMLS

APN: HTFD M:264 B:172 L:058