NOT LISTED FOR SALE

92 W Main St Vernon, CT 06066

15 Beds
6 Baths
5,928 Sq Ft
0.37 Acres

Last Sold January 31, 2022

Last sale price $750,000 $127 Per Sq Ft

230 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • No HOA
  • Thermal Windows
  • Deck
  • 2 Car Detached Garage
  • Tankless Water Heater

About This Home

As of January 2022

Investors take note! A unique and rare opportunity to own a fully renovated 7-unit property in Vernon! 9% CAP rate. This centrally located updated building offers plenty of options. There are a variety of unit sizes, from 1 to 4 bedrooms, units 1-6 have 1 full bath each. Unit 7: 4 beds, 1.5 bath, is ready to lease for $1,350. The entire property was gut renovated in 2010. New electrical, 2 new tankless heaters as of 4/1/2021. The building provides high rents with long term tenants. Currently all 7 units are rented. Passed fire code in 2021. Separate utilities paid by the tenants. State of the art Phone-App operated laundry in the deluxe laundry room is paid to the owner. 7 off street parking spots. Don’t miss this amazing investment opportunity with a 9% CAP rate! Please schedule a showing.

Last Agent to Sell the Property

Arek Wtulich

William Raveis Real Estate License #RES.0815813 Listed on: 06/10/2021

William Raveis Real Estate

Last Buyer's Agent

Jennifer Mascaro

Keller Williams Realty License #RES.0803891

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,133

Year Built

  • Built in 1910

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Home Design

  • Gable Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 5,928 Sq Ft Home
  • Thermal Windows
  • Smart Locks

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 6 Full Bathrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Apartment Living Space in Basement

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Private Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Rain Gutters

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • ENERGY STAR Certified Homes
  • Property is near a bus stop

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Additional Features

  • Coin Laundry
  • Gross Income $93,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,133

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: Rockville
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 5928
  • Public Record Living Room Sq Ft: 5928
  • Total Sq Ft: 5928
  • Year Built: 1910
  • Nearby Amenities: Basketball Court, Lake, Library, Medical Facilities, Park, Playground/Tot Lot, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/19/2021
  • Directions: GPS firendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 15
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full, Partially Finished, Heated, Interior Access, Apartment, Liveable Space
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Home Automation: Lock(s)
  • Street Number Modifier: 92

Exterior Features

  • Exterior Features: Deck, Gutters, Shed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking, Parking Lot
  • Garages Number: 2
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Energy Star Rated, Thermopane Windows

Lot Info

  • Acres: 0.3700
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: PND

Multi Family

  • Gross Annual Income: 93000
  • Net Operating Income: 75750
  • Unit Count: 6
  • Total Multi Family: 31
  • Total Num Of Units: 7

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8133
  • Total Assessed Value: 205230
  • Mil Rate Base: 39.630
  • Mil Rate Total: 39.630
  • Assessor Parcel Number: 2361444

MLS Schools

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

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
01/31/2022 01/31/22 Sold $750,000 0.0% $127 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
09/30/2021 09/30/21 For Sale $749,900 0.0% $127 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $749,900 +92.3% $127 / Sq Ft
10/31/2019 10/31/19 Sold $390,000 0.0% $66 / Sq Ft
09/22/2019 09/22/19 Off Market $390,000 -- --
09/06/2019 09/06/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $405,000 -- $68 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170407828

SmartMLS