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220 Main St
Terryville, CT 06786
11% CAP - Turn Key · Multifamily Property For Sale
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6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 5,120 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 0.05 AC | ||
| Zoning | C | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,120 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | C |
ABOUT 220 MAIN ST , TERRYVILLE, CT 06786
This is a turn key, fully renovated opportunity. It is 100% occupied w/stable tenants and good cash flow and an 11% CAP rate. There is a new front facade (updated w/in the last 12 mo.). The unit mix consists of (2) 2 bed units and (5) 1 bed units. The utilities are separate & tenant paid with a newer gas conversion (92% efficient forced air gas condensing furnaces), new plumbing, newer hot water heaters, updated + separate electrical and updated/renovated units with newer flooring, kitchens and bathrooms. The property also features LED lighting and .8 gallon per flush water saving toilets. Please see attachment for a FULL LIST OF UPDATES/IMPROVEMENTS. This building is located in Terryville on Route 6 which is close to transportation, good for commuting and nearby to shopping and restaurants + other amenities.
PROPERTY TAXES
| Parcel Number | PLYM-000040-000053-000028 | Improvements Assessment | $160,090 |
| Land Assessment | $25,480 | Total Assessment | $185,570 |
PROPERTY TAXES
