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29 Tiffany St 12 Unit Apartment Building $1,395,000 ($116,250/Unit) Brooklyn, CT 06234
EXECUTIVE SUMMARY
Price Improvement!
Back on the market, and the seller is ready to sell with a substantial price reduction.
Attention Investors!
Rare opportunity to own a 12-unit brick multifamily building in desirable Brooklyn, Connecticut. This well-maintained property features a diverse mix of units offering both ranch-style one-bedroom, one-bath units on the first floor and townhouse-style two-bedroom, one-bath units on the second floor, offering a total of 12 units to rent. The building is currently fully occupied. Every unit is equipped with washer and dryer hookups for added convenience, making this property an attractive choice for tenants, not to mention the highly sought after Brooklyn school system and Woodstock Academy or Killingly as options for high school. This multifamily gem is an ideal investment for those looking to capitalize on the growing demand in Northeast Connecticut. With the high prices in nearby cities driving multifamily investors to the area, now is the time to act. Property Features: 12 units: A mix of 1-bedroom and 2-bedroom units Washer and dryer hookups in every unit Ample parking for residents Ranch-style (1st floor) and Townhouse-style (2nd floor) layouts Brooklyn / Woodstock / Killingly school system.
Location Highlights:
Minutes to I-395 35 minutes to Worcester, MA 35 minutes to Providence, RI 40 minutes to New London and Groton, CT 1 hour to Hartford, CT
Take advantage of the rising investor interest in the area and the strong local rental market.
Offered at: $1.495M (Under 125k/unit)
Back on the market, and the seller is ready to sell with a substantial price reduction.
Attention Investors!
Rare opportunity to own a 12-unit brick multifamily building in desirable Brooklyn, Connecticut. This well-maintained property features a diverse mix of units offering both ranch-style one-bedroom, one-bath units on the first floor and townhouse-style two-bedroom, one-bath units on the second floor, offering a total of 12 units to rent. The building is currently fully occupied. Every unit is equipped with washer and dryer hookups for added convenience, making this property an attractive choice for tenants, not to mention the highly sought after Brooklyn school system and Woodstock Academy or Killingly as options for high school. This multifamily gem is an ideal investment for those looking to capitalize on the growing demand in Northeast Connecticut. With the high prices in nearby cities driving multifamily investors to the area, now is the time to act. Property Features: 12 units: A mix of 1-bedroom and 2-bedroom units Washer and dryer hookups in every unit Ample parking for residents Ranch-style (1st floor) and Townhouse-style (2nd floor) layouts Brooklyn / Woodstock / Killingly school system.
Location Highlights:
Minutes to I-395 35 minutes to Worcester, MA 35 minutes to Providence, RI 40 minutes to New London and Groton, CT 1 hour to Hartford, CT
Take advantage of the rising investor interest in the area and the strong local rental market.
Offered at: $1.495M (Under 125k/unit)
PROPERTY FACTS
| Price | $1,395,000 | Apartment Style | Low-Rise |
| Price Per Unit | $116,250 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.49 AC |
| No. Units | 12 | Building Size | 18,840 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1880 |
| Zoning | R10 - 119 - Apartment Building | ||
| Price | $1,395,000 |
| Price Per Unit | $116,250 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 18,840 SF |
| No. Stories | 2 |
| Year Built | 1880 |
| Zoning | R10 - 119 - Apartment Building |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1.5 | 5 | - | - |
| 2+1.5 | 7 | - | - |
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PROPERTY TAXES
| Parcel Number | BROO-000047-000000-000059 | Improvements Assessment | $519,180 |
| Land Assessment | $84,000 | Total Assessment | $603,180 |
PROPERTY TAXES
Parcel Number
BROO-000047-000000-000059
Land Assessment
$84,000
Improvements Assessment
$519,180
Total Assessment
$603,180
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29 Tiffany St
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