Price Reduced 8.70%

$210,000 ($124.11 per sqft)

Under Contract

Est. Mortgage $1,117/mo *

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Price History

$230,000
11/11/2024

$210,000
12/2/2024

85 Vernon Avenue, Vernon, CT, 06066

85 Vernon Avenue, Vernon, CT, 06066
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12 rooms

5 beds

2 Full baths

1900

Units on different Floors

1,692 sqft

***INSTANT CASH FLOW ALERT*** Gross $33,600 annually Fantastic Two-Family Home in Vernon. Instant Cash Flow Opportunity! Discover this well-maintained two-family house in Vernon, perfect for investors or those looking to house hack! This property features a newly updated first floor and reliable tenants in place on the second floor, making it an ideal investment. First Floor: The inviting one-bedroom, one-bath unit has just been refreshed with new paint and flooring, creating a modern and appealing space. This unit is ready for a new tenant or could serve as a cozy owner-occupied residence. With a market rent of $1,200, it's a great opportunity to secure additional income right away. Second Floor: The spacious four-bedroom, one-bath unit with great tenants who are currently paying $1,600 per month. This established rental income provides instant cash flow and peace of mind for any investor. Key Features: - Newly painted and floored first-floor unit - One-bedroom unit ready for occupancy at $1,200/month - Four-bedroom unit with reliable tenants at $1,600/month (Below market value) - Strong cash flow potential from day one - Great location in Vernon, close to amenities and transportation Don't miss this opportunity to invest in a property that immediate returns and long-term potential.

Status:

Under Contract

Type:

Multi-family

Laundry Remarks:

Hook-Up In Unit 2

Units:

2

Zoning:

PND

Garage:

None, Paved

Heating:

Baseboard

Cooling:

Window Unit

Basement:

None

Parking:

1-car

Acreage:

0.13

Est. Taxes:

$2,722

Assessment

$77,580

Lot Description:

N/A

Elementary School:

Per Board of Ed

High School:

Rockville

Days on Market:

23

MLS #:

24059673

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Krit Wanpensri, Coldwell Banker Realty Email: kwctrealtor@gmail.com