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Great Investment Mix Dsed Building in Downtown New Haven
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Property Description |
Well-maintained building near Saint Raphael’s Hospital.
Must see for investors great upside all updated units (needs no work) with off street parking and separate utilities
Current rent roll $ 9000.00 per month as is.The upside is there is a vacant first of 2500 sq ft which you will have to fit up yourself. You can fit four apartment in this space which will bring you another $3000 to $3300 per month in rent or put a commercial tenant for the same rent or your own business. Which bring your rent roll to $12,000 per month current expense are approx.$3680.00 monthly. Purchase Price $850,000
Please serious inquires only, proof of funds required before any scheduled appointment for viewing units and with all offers.
The property is located at 180-186 Sherman Ave New Haven,Ct dive-by only.
Unit make up: 180 Sherman Ave 1st Floor Commercial space 2nd floor three bedroom apt. 186 Sherman Ave 1st floor vacant 2nd and 3rd floors are apartments 3 one bedrooms a two bedroom and a office or studio.
Break down of expense
Taxes $1,685.00
Ins $500.00
Refuse $85.00
UI $150.00
Lawn/ Snow $200.00
Hot Water for 2nd,3rd floor only everything else is separate $175.00
Maintenance $100.00
Water/Sewer $125.00
Apartment turns $300.00
Vacancy 4% $360.00
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| Contact person: |
Robert |
| Seller Type: |
PrivateOwner |
| Phone: |
203-996-6562 |
| Email: |
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| Web Link: |
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| Listing Status: |
For Sale |
| Property Type: |
Mixed Use |
| Price($): |
850000 |
| Street Address: |
Sherman Ave |
| City: |
New Haven |
| Region: |
Connecticut |
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| Owner Finance: |
No |
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