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 Rate is 10.7%. The Interior of the building has been fully renovated. The Roof is new as of November of 2020, the plumbing was replaced between 2020 and 2022. The electric was upgraded in 2012. The unit mix consists of: 4, 3 bedroom units; 2, 2 bedroom units and 1 office/studio/live/work space. The asset is 3 stories and was built in 1900 and has off street parking. This investment opportunity is turnkey, pride of ownership evident and easy to manage. The heating is natural gas. The tenants pay their own electricity.
Listing courtesy of Lisa Cozzi from Berkshire Hathaway NE Prop.
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