|
$51,517 NOI |
$4,604 NCF |
1.1 DSCR |
5% Cap |
1% ROI |
5 Unit Trophy Property in downtown
Deep River, CT
Mixed Use. $108 psf
$965,000
|
$51,517 NOI |
$4,604 NCF |
1.1 DSCR |
5% Cap |
1% ROI |
| % Proforma : % Proforma :
84%
|
Parking :
On Street
|
| Property Type : Type :
Mixed Use
|
Heating :
Oil
|
| Buildings :
1
|
Hot Water :
Oil
|
| Parcel(s) :
|
Sewer :
Public
|
| Year Built :
1850
|
Water :
Public
|
| Occupancy : Occ. :
100%
|
Trash :
Owner Paid
|
| Sqft:
8957 sqft
|
Utility Split :
T/O Paid
|
| Lot Size :
3049 acres
|
Sprinklers :
Yes
|
- Historic New England
- Corner lot
- Downtown location
- Sidewalk seating
The walkability and quintessential New England charm of downtown Deep River is a big draw for buyers seeking trophy property or a dream location for their small business. Built in 1850, this mixed-use gem has much to offer including two commercial tenants (Hally Jo’s Corner Restaurant and the Anchor and Compass clothing store) along with three residential units on the second floor. The attic space is a pleasant surprise with over ten-foot tall ceilings, clearly defined rooms, and enough square footage for seemingly one or two additional units. The history remains unclear, but a secret society may have inhabited this cozy attic space for events over its 175 years of history. Don’t fear however because the overall stability of the occupied units in combination with the add-value potential demands a rare value that is worth passing down to future generations.
