Description
Positive cash flow available immediately! Four units are waiting for a new owner that can appreciate this investment opportunity. There is a nice parking area at rear of property to accommodate at least four cars after some clearing. The exterior will need some minor fix ups and paint. Roof is about 12 years old. Interior is clean and in good condition. Mandatory fire escape stairs is all steel. Heating is combination of baseboard hot water on 1st floor and space heaters on 2nd and 3rd floors. Gas hot water heaters and 100 amp circuit breaker panel are in the basement. Currently there is only one electric meter and electric is included in the tenant rents. This is a great chance to take over a profitable multi family property in walking distance to downtown New London. Selling AS-IS. This is a great chance to add a profitable investment property to your portfolio.
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4BEDS
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0.13ACRES
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4BATHS
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01/2 BATHS
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2,340SQFT
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$96$/SQFT
School Information
Description
Positive cash flow available immediately! Four units are waiting for a new owner that can appreciate this investment opportunity. There is a nice parking area at rear of property to accommodate at least four cars after some clearing. The exterior will need some minor fix ups and paint. Roof is about 12 years old. Interior is clean and in good condition. Mandatory fire escape stairs is all steel. Heating is combination of baseboard hot water on 1st floor and space heaters on 2nd and 3rd floors. Gas hot water heaters and 100 amp circuit breaker panel are in the basement. Currently there is only one electric meter and electric is included in the tenant rents. This is a great chance to take over a profitable multi family property in walking distance to downtown New London. Selling AS-IS. This is a great chance to add a profitable investment property to your portfolio.
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