748 Savin Ave West Haven, CT 06516

INVESTORS TAKE NOTE OF THIS MULTIFAMILY/COMMERCIAL BUILDING CURRENTLY HOUSING A MEDICAL PRACTICE ON THE FIRST FLOOR AND TWO APARTMENTS WITH 2 BEDROOMS EACH. BUILDING IS A BLOCK AWAY FROM THE WEST HAVEN GREEN WITH THE CONVENIENCE OF HAVING STORES, RESTAURANTS,PHARMACIES, LIBRARY, POST OFFICE, ETC., ETC... WITHIN WALKING DISTANCES! AMPLE PARKING IN THE DRIVEWAY FOR TENANTS AND GUESTS PLUS A 2 CAR GARAGE. FIRST FLOOR IS EQUIPPED WITH CENTRAL A/C. THIS PROPERTY WILL WORK WELL ALSO FOR A HOME OWNER OCCUPANT STARTING OUT. CENTRALLY LOCATED DOWNTOWN COME AND SEE!! TENANTS WERE LONG TERM OCCUPANTS: 20 YEARS AND 7 YEARS. LANDLORD NEVER RAISED THE RENTS AND WERE BELOW MARKET VALUE. FIRST FLOOR CAN BE DIVIDED INTO 2 OFFICES, THERE ARE 2 HALF BATHS. SELLER IS LOOKING FOR OFFERS! SECOND FLOOR HAS BRAND NEW FRIDGE AND GAS STOVE, PAINT AND REFINISHED HARDWOOD FLOORS. BUYERS PLEASE DO YOUR DUE DILIGENCE REGARDING THE TYPE OF BUSINESS ALLOWED. FIRST FLOOR OVER 20 YRS AGO HOUSED A DAY CARE AND A HAIR SALON. BUILDING IS A MIXED USE,COMMERCIAL BUILDING. OPERATING EXPENSES ARE $12440 YEARLY TO THIS YOU WOULD NEED TO ADD A YEARLY MORTAGE PAYMENT IF FINANCED. IF TOTAL RENTS ARE AT $1500 FIRST FLR AS AN OFFICE, $1200 SECOND FLOOR AND $850 THIRD WOULD GIVE YOU A $48,600 YEARLY INCOME. NET INCOME APPROX $12000 PLUS PER YEAR. COME TAKE A LOOK AND MAKE AN OFFER! PLEASE NOTE TAXES: $6066 PLUS FIRE TAX 2102. WEST HAVEN ADDS SEWER CHARGES WHICH ARE $852.