27 Moss St
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27 Moss St
6 Unit Apartment Building $1,000,000 ($166,667/Unit) 7.79% Cap Rate Pawcatuck, CT 06379
Investment Highlights
- Convenient neighborhood location to both Pawcatuck, CT and Westerly, RI
- Demand for housing in this area, rents units before they can be cosmetically refurbished
- Most units remodeled in the last 2 years
Executive Summary
Opportunity Knocks: Don't miss out on this lucrative investment! Whether you're a seasoned investor or a first-time buyer, this 6-unit property in Pawcatuck promises both stability and growth potential. Investment Highlights: * Strong Cap Rate: At 7.794%, this property offers an attractive return on investment. * Steady Demand: Pawcatuck's growing economy ensures consistent tenant demand. * Historic Charm: The property's character and location appeal to renters seeking authenticity. Key Features: 1. Prime Location: Situated in the charming village of Pawcatuck in the town of Stonington, this property enjoys proximity to Westerly, Rhode Island, and historic commercial ties. 2. Industrial Base: Retaining its industrial heritage, the neighborhood hosts companies like Davis-Standard, Cottrell Brewery, and Hi-Tech Profiles. 3. Sport Fishing Hub: Marinas support an active sport fishing industry, attracting enthusiasts year-round. 4. Retail and Arts Scene: Pottery and jewelry studios add to the vibrant local arts community. Property Overview: * Unit Count: 6 * Price: $1,000,000.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts Under Contract
Unit Amenities
- Yard
- Deck
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 1 | $1.00 | - |
2+2 | 1 | $1.00 | - |
1+1 | 4 | $1.00 | - |
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PROPERTY TAXES
Parcel Number | STON-000004-000003-000023 | Total Assessment | $410,200 (2024) |
Land Assessment | $72,800 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $337,400 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
STON-000004-000003-000023
Land Assessment
$72,800 (2024)
Improvements Assessment
$337,400 (2024)
Total Assessment
$410,200 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
Zoning Code | RH-10 |
RH-10 |
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27 Moss St
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