Exceptional Multi Unit Investment Opportunity With Steady Cash Flow
23 Beds
11 Baths
8,597 Sqft
Updated: Yesterday
MLS#24206411
About the Property
Cash cow available for investors who can think outside the box and wrap their head around this unusual property. Enterprise Zone designation. Annual gross rents for 2025 = $160K, projected 2026 = $165K. These nine rental units provide excellent steady cash flow. Units range from one bedroom to four bedrooms. One vacancy (rear building #64) is provided for the new owner to choose to occupy, provide
Cash cow available for investors who can think outside the box and wrap their head around this unusual property. Enterprise Zone designation. Annual gross rents for 2025 = $160K, projected 2026 = $165K. These nine rental units provide excellent steady cash flow. Units range from one bedroom to four bedrooms. One vacancy (rear building #64) is provided for the new owner to choose to occupy, provide an on-site super, or choose your renter. The nine total units are split among three buildings (#60 Prospect = 4 family, #64 Prospect = 2 family, & #66 Prospect = 3 family) on two adjacent tax parcels. Excellent steady income adjacent to Walnut Hill Park & Hospital of Central CT, easy walk to downtown Main St & CT fastrak busrail. MLS listing combines property taxes & assessments for all three buildings. All three buildings have vinyl replacement windows and updated electrical, heating & plumbing systems. All units have individual utility meters. Lot has assigned spaces for 12 cars with additional unassigned.
William Raveis is a real estate company that does things right. Rooted in a foundation of family values, William
William Raveis is a real estate company that does things right. Rooted in a foundation of family values, William Raveis is bringing a breath of fresh air to real estate. Firm believers in doing the right thing by its clients, William Raveis recognize that lasting relationships come from care, courtesy and commitment – to both our clients and their communities. These values embody the William Raveis difference and we strive to surprise with service, delight with dedication and maintain a moral code which sets the gold standard in our sector.
The William Raveis Family of Companies attributes its success to a consistent emphasis on integrity, service and experience. Offering one-stop shopping for its clients, the company provides mortgage, insurance, relocation and closing/title services under one trusted name; William Raveis. The firm’s website annually attracts 13 million visitors worldwide. With widget and RSS technology, the site is capable of delivering the latest customized housing data, listing and mortgage rate notifications directly to their customers.
William Raveis Real Estate, Mortgage & Insurance is among New England and Florida’s largest privately held, family-owned real estate firm. The company is comprised of sales associates operating at offices across a nine-state footprint.
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Last updated
Yesterday
First listed
Sep 17
Listing reference
4c78e869-b188-11f1-831f-6045bdd61ac4
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