Description
An amazing 7+% CAP opportunity near the East Rock neighborhood of New Haven. This is asset is perfect for an owner occupied buyer or investor. This location is home to Erector Square, East Rock Park, and famous restaurants like Modern Apizza! This 3 unit asset is 2989 SF & has tenant paid utilities. This asset has no arrears. Unit 1 has 2 bedrooms/1 bathroom rented for $1100 and is M2M. Unit 2 has 2 bedrooms/1 bathroom and is rented for $1050 to a 7-year long-term tenant with lease expiration of 4/30/24. Unit 3 has 3 bedrooms/1 bathroom and is ready for occupancy. The asset features off street parking. AGENTS PLEASE READ AGENT to AGENT REMARKS! Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
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7BEDS
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0.1ACRES
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3BATHS
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01/2 BATHS
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2,989SQFT
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$125$/SQFT
School Information
Description
An amazing 7+% CAP opportunity near the East Rock neighborhood of New Haven. This is asset is perfect for an owner occupied buyer or investor. This location is home to Erector Square, East Rock Park, and famous restaurants like Modern Apizza! This 3 unit asset is 2989 SF & has tenant paid utilities. This asset has no arrears. Unit 1 has 2 bedrooms/1 bathroom rented for $1100 and is M2M. Unit 2 has 2 bedrooms/1 bathroom and is rented for $1050 to a 7-year long-term tenant with lease expiration of 4/30/24. Unit 3 has 3 bedrooms/1 bathroom and is ready for occupancy. The asset features off street parking. AGENTS PLEASE READ AGENT to AGENT REMARKS! Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
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