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$ 875,000
Est. payment | /mo
1 Bath
0.37 Acres Lot
$ 875,000
Est. payment | /mo
1 Bath
0.37 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24087521
Full Baths 1
Year Built 1900
Annual Tax Amount $7,842
Lot Size 0.370 Acres
Property Description
Welcome to 14-20 George St, an incredible income producing, fully rented, five-unit building. This rare find is located in the highly desirable town of Seymour. It boasts five total units, three set up as townhouses, and two as ranch units. Each unit includes four total rooms, two bedrooms and 1 full bathroom. Four out of five units have been recently renovated, and the fifth one is partially renovated. Each unit has separate meter for electric. Windows have been replaced within the last year. There is ample off-street parking for tenants, and a spacious grass area, making this unit highly desirable for tenants. There is also a two-car detached garage that is also rented out for extra income! This property brings in over 8,000$ a month in rental income, making this an instant cash flow investment with a 10% cap rate. All tenants are currently up to date on rent. This property is also conveniently located in close proximity to Route 8, making it in the prime location for all commutes. Add this lucrative investment to your portfolio today !
Location
State CT
County New Haven
Zoning R-18
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Parking Features Off Street Parking, Driveway
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Maria Convertito • Regency Real Estate, LLC
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Andrei Balaj
Real Estate Agent