New Listing - 12/08/2024

$1,600,000 ($144.77 per sqft)

Under Contract

Est. Mortgage $7,986/mo *

Quick Pre-Approval

403 Pleasant Street, Windham, (Willimantic), CT, 06226

403 Pleasant Street, Windham, (Willimantic), CT, 06226

65 rooms

29 beds

17 Full baths

1900

Units on different Floors

11,052 sqft

NEW TO THE MARKET...MONEY MAKING PORTFOLIO iin Windham with 16 UNITS & 6-1 Bay Detached garages consisting of 4 Buildings w/4 units per building within less than .5 miles from each other, with the possibility of adding an additional 3 units to make a total of 19 units with over 11,000 sqft for all buildings. Tenants pay heat, Hot water & electricity. LOW expenses for the owner with LOTS OF PROFIT left over and the potential to bring the profit to approx 25k a month & 300k a year or higher. Combination of leased and month to month tenants in place...ALL UNITS ARE FULLY RENTED. Buildings consist of 146 Chapman- has the 6 bay garage, large parking in the back w .44 ac, possible 5th unit, 403 pleasant st- large parking lot in the back w.25 ac, possible.5th unit,(featured picture), 36 Taylor Ct- has its own driveway for parking w/ .20 ac lot, possible 5th unit, sits privately & 20 Spruce st has .10ac Amazing opportunity to buy in BULK and have all your units close by. City Water & CITY Sewer. If your looking for a smaller portfolio thats no problem, seller will combine pleasant & Taylor for 8 units total for 799k and Chapman & Spruce for 8 units total at 799k. All properties have separate deeds and lots. Acreage, taxes, year built on this listing is for only pleasant st. Also will be listed as 2- 8 units for sale separately. Some info inputted will vary & may reflect all or individual properties. Specifics upon request. Close to ESCU, Hartford, Boston & all major route Chapman st- seller pays for the hot water. Runs approx 50 dollars a month. All other buildings tenants pay hot water.


Status:

Under Contract

Town:

Windham

Type:

Multi-family

Units:

16

Zoning:

Multi

Garage:

6-car Detached Garage, Driveway

Heating:

Baseboard, Hot Air

Cooling:

None

Basement:

Full, Unfinished

Parking:

27-car

Acreage:

0.44

Est. Taxes:

$4,795

Assessment

$552,180

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

9

MLS #:

24063470


Community Info

School Info

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Listing courtesy of Irene Adams, Signature Properties of NewEng Email: ireneadams.realtor@yahoo.com