Owner/Agent Investment package with a total of 6 UNITS and $160,000 in annual income. Being sold with MLS # 170346184 (Single Fam Ranch w/ 3 BR's) and MLS# 170346182 (42 Fifth St., 2- Fam. w/ one 2 BR Unit on first floor and one 3-BR Unit on 2nd floor). All 3 properties are located next door to each other. Excellent for 1031 Exchange or general investment with an 10% CAP to assure profitability. This investment package features 3 separate properties with a total of 6 units on one Deed - all located next door to each other for easy management. All units are fully occupied and all have been updated with new mechanical, electrical, plumbing, roofing, siding, vinyl replacement windows and more. All are certified lead free by the local Health Department. Tenants pay all utilities. All units are heated with natural gas, except for one, which is electric baseboard. All properties are connected to city water and city sewer. These are very well-maintained properties and a great investment with $160,000 in annual income providing great cash flow. Owner will manage properties for buyer for a nominal monthly fee.
- Price:
- $659,900
- Bedrooms:
- 13
- Full Baths:
- 6
- Square Footage:
- 2,203
- Acreage:
- 0.14
- Year Built:
- 1890
- Listing ID #:
- 170346183
- Street Address:
- 185 N Main St
- City:
- Ansonia
- State:
- Connecticut
- Postal Code:
- 06401
- County:
- New Haven
- Listing Status:
- Active
K-6
660 students
16 student/teacher
9-12
700 students
14 student/teacher
- Basement Description:
- Partial
- Building Color:
- Yellow
- Exterior Features:
- Deck, Porch
- Foundation:
- Concrete, Masonry
- Number Of Units:
- 6
- Siding:
- Vinyl Siding
- Style:
- 3updown - Unit(s) Per Floor
- Total Building Square Footage:
- 2203
- Year Built:
- 1890
- Year Built Source:
- Public Records
- Net Operating Income:
- 68069
- Conforms To Zoning:
- R
- Lot Description:
- Level Lot
- Days On Market:
- 144
- Street Direction Prefix:
- North
- Street Type:
- Street
- Property Taxes:
- $9,019
- Tax Year:
- July 2020-June 2021
- Garage Description:
- Off Street Parking
- Cooling System:
- Ceiling Fans, None
- Energy Description:
- Thermopane Windows
- Existing Water:
- Public Water Connected
- Heating:
- Hot Air
- Waterfront Description:
- Not Applicable
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Coldwell Banker Realty
