78 Cedar St | Branford, CT 06405
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78 Cedar St
Branford, CT 06405
Cedar Street Apartments · Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- Turn-key Value-add opportunity
- Fully Renovated 2011
- On-Site Laundry
- High Quality Construction
- Separately Metered Utilities
- Ample Off-street Parking
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.90 AC |
| Property Type | Multifamily | Building Size | 16,594 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.39/1,000 SF |
| Zoning | R1 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 16,594 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | R1 |
ABOUT 78 CEDAR ST , BRANFORD, CT 06405
Northeast Private Client Group is pleased to present the Cedar Street Apartments, located at 78 Cedar St, Branford, CT. The property consists of 18 total apartments; five (5) studio units, eight (8) one-bedroom units and five (5) two-bedroom units. The property was converted in 2011 from a retirement home to it's current use as an apartment building. This is a well maintained, turn key opportunity. There remains room to grow the rent roll to the current market rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | $932.50 | - |
| 1+1 | 8 | $1,121 | - |
PROPERTY TAXES
| Parcel Number | BRAN-000007D-000002-000021 | Improvements Assessment | $1,278,400 |
| Land Assessment | $181,600 | Total Assessment | $1,460,000 |
PROPERTY TAXES
Parcel Number
BRAN-000007D-000002-000021
Land Assessment
$181,600
Improvements Assessment
$1,278,400
Total Assessment
$1,460,000
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