$35,988 NOI |
$12,097 NCF |
1.51 DSCR |
9% Cap |
12% ROI |
High Yield Investment
18 North A Street, Taftville, CT
4 Family . $99,750/unit
$399,000
$35,988 NOI |
$12,097 NCF |
1.51 DSCR |
9% Cap |
12% ROI |
% Proforma : % Proforma :
80%
|
Parking :
Off Street
|
Property Type : Type :
4 Family
|
Heating :
Electic
|
Buildings :
1
|
Hot Water :
Electic
|
Parcel(s) :
1
|
Sewer :
Public
|
Year Built :
1900
|
Water :
Public
|
Occupancy : Occ. :
25%
|
Trash :
City Pick-up
|
Sqft:
2400 sqft
|
Utility Split :
Tenant Paid
|
Lot Size :
11000 acres
|
Sprinklers :
No
|
- High Yield Asset
- 3 Vacant, Rent Ready Units
- Off Street Parking
- Separate, Tenant Paid Utilities
Great investment opportunity to acquire a 4 Family with 3 vacant units in rent-ready condition, making this ideal for primary homeowners and investors alike. Vacant units provide opportunity for immediate lease up to attain full market potential right away. Property is situated in a very quite neighborhood about 15 minutes from both Foxwoods and Mohegan Sun. Property consists of four 2 Bedroom units with tenant paid utilities. With the vacant units, this property will yield an estimated 22% ROI inside of 45 days. The 22% takes into consideration a combined 15% for vacancy, maintenance, and management. Don't miss out on this RARE opportunity to acquire a multifamily property and go straight to full market rents, netting over $2,000 per month.