213-215 Providence Street, Putnam, CT, 06260
39 rooms
15 beds
8 Full baths
1920
8,085 sqft
Presenting this turnkey 8 unit income producing asset located in beautiful Putnam, CT. The property features two separate buildings one housing 6 units and the other 2 units along with an assigned parking lot. The unit breakdown is as follows; 2 - three bed/one bath units, 3 - two bed/one bath unit and 3 - one bed/one bath units. The building has been well maintained and managed with a two new roofs in 22', new decks/staircases and updated/well maintained mechanicals. CapEx has been addressed. Both structure and units are in great condition with 6 of 8 being fully renovated. 213-215 Providence St presents an extremely strong rent roll at purchase. Current NOI is nearly $93,000 at a cap rate of 8.37%. With rental increases pro forma NOI will be $113,000 at a cap rate of 10.3%.
Status:
Under Contract
Type:
Multi-family
Laundry Remarks:
Coin Op Laundry,Common Laundry Area
Units:
8
Zoning:
R-7
Garage:
None, Paved, Parking Lot, Off Street Parking
Heating:
Baseboard
Cooling:
Window Unit
Basement:
Full
Parking:
12-car
Acreage:
0.22
Est. Taxes:
$9,953
Assessment
$230,500
Lot Description:
City Views,Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
4
MLS #:
24003188
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Benjamin Carbone, Byrnes Real Estate Company Email: bencarbone.breg@gmail.com