West Haven 2 4-Family Portfolio 2 Properties Offered at $1,225,000 in West Haven, CT

Two 4-Family buildings for sale in West Haven, CT:
Building #1 is located on Brown St, with a total of 10 Bedrooms and 4 Bathrooms. There are two large 3 Bedroom units with 1,568sqft and then two 2 bedroom units that are 832sqft. All units have hardwood floors throughout the building. Last unit is finishing the conversion over to gas making it so that Oil will no longer be required in any unit in the building and one of the 2 bedroom units was recently redone and is in amazing condition. Finalized the work with the Fire Marshall earlier this year and have turned over the tenants so the full building is current with rents. The large lot offers ample parking for tenants or the possibility of adding another structure, there was a three car garage there in the past but prospects should do their own due diligence to explore the option of potentially building there.
Building #2 is located on Canton St, with four 1 bedroom units, the building is a total of 2016sqft. Three units in the building have been redone over the last year. All tenants are current with rent. Basement access to allow for tenants to access laundry facilities.
Both buildings have had consistent management and improvements done to them over the last year resolving prior lingering issues and improving the property overall for all of the residents. There is room for growth with the rental amounts and with the right moves the two buildings could potentially offer a Cap rate of 8% or more. Owner is looking to expand into other business avenues.