Listing Summary
Evident pride of ownership and meticulous management are hallmarks of this remodeled three-family investment opportunity, ideally situated in the heart of Little Italy, just off Franklin Avenue and mere steps from Mozzicato Bakery.
Full Description
Evident pride of ownership and meticulous management are hallmarks of this remodeled three-family investment opportunity, ideally situated in the heart of Little Italy, just off Franklin Avenue and mere steps from Mozzicato Bakery. This asset currently generates income from the first and second floors, with the third floor vacant, presenting a tremendous opportunity to increase rents or for immediate owner occupancy.
The property comprises three distinct units: a 3-bedroom, 1-bathroom unit; a 2-bedroom, 1-bathroom unit; and a 1-bedroom, 1-bathroom unit. Key features and recent upgrades include central air conditioning for enhanced tenant comfort, along with a brand new sprinkler system and main electrical panel, reflecting town-approved compliance and code updates. The third-floor unit was recently remodeled and painted, and the property boasts separate utilities for gas and electric, simplifying management.
This is a turn-key investment or an ideal prospect for an owner-occupant ready to move into the third-floor unit. The long-term tenants on the first and second floors are currently on month-to-month leases, offering flexibility. The roof, approximately nine years old, has considerable life remaining. The significant work has already been completed here for the buyer, making this a truly ready-to-go asset. Do not hesitate to schedule a showing, as this exceptional opportunity will not last.
Quick Glance
- Listing ID:
RL-Connecticut-25302
- Status:
Active
- Year Build:
1900
- Building Size:
2,486 SqFt
- Lot Size:
N/A