This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
78 W Main St
Stafford Springs, CT 06076
18+% CAP Pro-Forma Opportunity w/Value Add! · Multifamily Property For Sale · 12 Units
Investment Highlights
- 18+% CAP Pro-Forma
- Value Add Opportunity
- Off-Street Parking
- Close to Town + the Highway
- Separate Utilities
PROPERTY FACTS
| No. Units | 12 | Building Size | 12,315 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Lot Size | 0.52 AC | Parking Ratio | 0.97/1,000 SF |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.52 AC |
| Building Size | 12,315 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.97/1,000 SF |
Unit Amenities
- Cable Ready
- Heating
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Basement
- Pantry
- Vinyl Flooring
About 78 W Main St , Stafford Springs, CT 06076
This portfolio is a value add opportunity with 18+% CAP pro-forma. The sale consists of: 76, 78, 80, 82, 84 West Main Street. The sale consists of 5 adjacent buildings with a total of 12 units - (3) 2 Family Properties + (2) 3 Family Properties. The unit mix is: 10 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 and 1 that needs renovation. The majority of units have separate and tenant paid utilities. There is an area for a laundry room to be installed. The electrical is separate and tenant paid. There is shared, off street parking. This opportunity is close to town and the highway! Currently a super in place, willing to stay on for new owner. AS-IS SALE! MUST purchase CASH or hard/private money.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $900.00 | - |
| 3+1 | 2 | $975.00 | - |
PROPERTY TAXES
| Parcel Number | STAF-000052-000081 | Improvements Assessment | $156,240 |
| Land Assessment | $20,300 | Total Assessment | $176,540 |
PROPERTY TAXES
zoning
| Zoning Code | LB |
| LB |
Learn More About Investing in Apartment Buildings
