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17-23 Hancox St
Stonington, CT 06378
Multifamily Property For Sale · 15 Units
PROPERTY FACTS
| No. Units | 15 | Building Size | 9,344 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1939 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Lot Size | 0.37 AC |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 9,344 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1939 |
| Parking Ratio | 1.6/1,000 SF |
Site Amenities
- Dock
About 17-23 Hancox St , Stonington, CT 06378
15-unit waterfront apartment building located within the Stonington Borough. Walking distance to local restaurants, shops and activities. Location providing strong demand from large supply of local renters. Private dock on site providing direct water access for current tenants as well as additional revenue. Investment property with current full occupancy. Annual net operating income in excess of $99k. Debt service coverage ratios of 1.25 providing opportunities for leveraged as well as cash investors. Inquire with listing agent for comprehensive marketing packet.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
| 2+1 | 2 | - | - |
| Studios | 2 | - | - |
PROPERTY TAXES
| Parcel Number | STON-000102-000004-000002 | Improvements Assessment | $1,264,800 |
| Land Assessment | $1,050,000 | Total Assessment | $2,314,800 |
PROPERTY TAXES
zoning
| Zoning Code | R-1 |
| R-1 |
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