Overview
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Great 4 Family Commercial/Rental Property Opportunity for a Cash Buyer.
Wont Last Long.
Contact Me ASAP to access the property and for further details.
Will not accept Bank Loans! Cash Only!
Located near Center St in Manchester, CT
-3,019 Sqft
-4 Units (3 units are 1 bedroom 1 bath)(1 Unit is a commercial space previously used as Dentist Office)
-1 bedroom/1 bath - 750/month
-1 bedroom/1 bath - 900/month
-1 bedroom/1bath - Vacant (Can be rented As-is $900/month)
-Commercial Space - Vacant (Can be rented As-Is for $1200/month)
Vacant Units are Turn Key & ready to be rented!
Potential GOI - $45,000/year
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Expenses - $5,976/year - Taxes
$3000/year for Insurance
$1500/year for Water/Sewage
$4500/year for Maintenence
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Total -$10,476 in yearly expenses
Potential Net Operating Income - $30,024/year
Asking Price - 250K
ROI - 12%
Will not deal with wholesalers. Serious Inquiries ONLY!
Proof of Funds Required upon contact.
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