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76 W Main St
Stafford Springs, CT 06076
16+% CAP | Value Add Opportunity · Multifamily Property For Sale · 10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 9,920 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Lot Size | 1.43 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.43 AC |
| Building Size | 9,920 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.21/1,000 SF |
ABOUT 76 W MAIN ST , STAFFORD SPRINGS, CT 06076
The Cozzi Team is offering this 11+% CAP rate, value add opportunity with 5 adjacent buildings, consisting of: (3) 2 family properties + (2) 3 family properties. There is a total of 10 units. The unit mix is: 8 two bed units and 2 three bed units. The majority of units are updated, including kitchens, baths, flooring and paint. There are 2 units that need complete rehab. 8 of the units have separate and tenant paid utilities. The owner pays heat & hot water for 2 units. The electrical is separate and tenant paid. There is shared, off street parking. This opportunity is close to town and the highway! Currently management in place, willing to stay on for new owner.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
| 3+1 | 2 | - | - |
ZONING
| Zoning Code | LB |
| LB |
