$625,000 ($129.88 per sqft)

Under Contract

Est. Mortgage $2,958/mo *

Quick Pre-Approval

Listing courtesy of Mandy Gruslin (860) 377-9784, Kazantzis Real Estate, LLC (860) 774-2733


46-52 Wauregan Road, Plainfield, (Wauregan), CT, 06234

46-52 Wauregan Road, Plainfield, (Wauregan), CT, 06234

21 rooms

13 beds

7 Full baths

1877

Units on different Floors

4,812 sqft

Exceptional investment opportunity with value add potential. This well maintained multifamily property is currently configured as 5 units with a possibility to convert to a 8 unit building. (Buyer to do due diligence). Many of the units have been updated or are in the process of being refreshed. Most are new windows, new floors paint appliances. The unit mix includes a spacious three bedroom two bath unit, a two bedroom two bath unit, two units are three bedrooms, one bathroom and 2 bedroom 1 bath. Whether you're looking to expand your portfolio or capitalize on a property with future development potential, this is a rare opportunity to step into a partially improved asset with room to grow. Don't miss your chance to maximize both cash flow and long-term value. This property has the ability to be up to 8 units. Owner pays heat. Owner pays electric for units 46,54,52. Units 48 & 50 are separate. Owner pays hot water for units 46 & 54. City gas is available for hookup. Roof is about 12 years old, but a portion of the porches need will need to be fix as well as garage. Selling As Is.


Status:

Under Contract

Town:

Plainfield

Type:

Multi-family

Units:

5

Zoning:

RA19

Garage:

1-car Detached Garage

Heating:

Hot Water

Cooling:

None

Basement:

Full

Acreage:

0.82

Est. Taxes:

$5,602

Assessment

$234,800

Lot Description:

Corner Lot

Elementary School:

Per Board of Ed

High School:

Plainfield

Days on Market:

7

MLS #:

24162995


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School Info

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