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122 W Main St
Plainville, CT 06062
Rarely Avail. Location | 10% CAP | Turn Key · Multifamily Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.17 AC
Building Size 4,218 SF
Average Occupancy 90%
No. Stories 3
Year Built 1930
Parking Ratio 2.84/1,000 SF
Zoning CC

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Heating
  • Eat-in Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Basement
  • Double Pane Windows
  • Vinyl Flooring
  • Large Bedrooms

SITE AMENITIES

  • Trash Pickup - Curbside

ABOUT 122 W MAIN ST , PLAINVILLE, CT 06062

Rare opportunity to own a turn-key, 5 unit asset in Plainville with a 9.5% CAP rate. The property features all 1 bed/1 bath apartments with various unit updates throughout, including: kitchens, baths, flooring, paint, interior doors, etc.. The roof is approx. 10 years old and the vinyl siding is in good shape. The heating for apts 1-4 is an (oil) boiler (2 years-old) - Oil Tanks are Twin 330’s, apt 5 is a gas fired furnace (3 years-old). There is a new gas hot water heater + all updated electrical w/100 amp service to each apartment. The property also features replacement windows + a 2 car-detached garage, paved driveway + ample parking. This is a great location, close to dining, shopping, park, schools, downtown, Fire Dept, Library and so much more! TURN KEY investment opportunity w/return; won't last!

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 5 $909.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PLAI-000028-C000000-000002
Land Assessment
$80,500
Improvements Assessment
$117,530
Total Assessment
$198,030
  • Listing ID: 16029320

  • Date on Market: 5/12/2019

  • Last Updated:

  • Address: 122 W Main St, Plainville, CT 06062

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