369 Valley, Willimantic is a totally remodeled 7 Unit asset is located less than 2 miles to Eastern Ct University! The in place Actual CAP is 7.6% with Gross Income: $120,600 with upside to $153,400. The Roof is new as of November of 2020, the plumbing was replaced between 2020 and 2022. 5 of the Hot Waters heaters new in 2019. The electric was upgraded in 2012 to circuit breakers with owner's panel. The unit mix consists of: 4, 3 bedroom units ($1550, $1500, $1425); 2, 2 bedroom units ($1,600, $1,225) and 1 office/studio/live/work space ($1500). The heating is natural gas. The tenants pays their own electricity. The asset is 3 stories and was built in 1900 and has off street parking. This investment opportunity is turnkey and easy to manage.
|
DAYS ON MARKET
|
2
|
LAST UPDATED
|
3/10/2025
|
|
YEAR BUILT
|
1900
|
COUNTY
|
Windham
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Frame |
| HEAT |
Hot Water, Natural Gas |
| LOT |
6970 sq ft |
| LOT DESCRIPTION |
Level |
| SEWER |
Public Sewer |
| TAXES |
18796 |
| WATER |
Public |
| ZONING |
NPR2 |
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Listing courtesy of Century 21 AllPoints Realty
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This IDX solution is (c) Diverse Solutions 2025.
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