Located in the attractive Ocean Beach neighborhood of southern New London, the property is 2.7 acres, with seven rental units in one building, and a separate home on the property. An adjacent single family home on 1/2 acre is also possibly available for sale. This is an ideal arrangement for both absentee landlord and investor. The property is located one block from Pequot Point Beach, with seasonal water views from the second floor. Built in 1910 as a single family mansion, the multi-family structure features attractive architectural details. The property is one-half mile from Mitchell College, and adjacent to the Old Lighthouse Inn currently under renovation. Stated income is over $100,000 per year, with expenses yielding a cap rate of about 5.2% at ask price. Highest and best use may be in redevelopment.
Listed by Gregory F. Walwer of Academic Co-Realty Services
Two free standing buildings on 1.27 acres,parking 25 cars.One built in 1972 3.380 sq feet two rentals.Second building 25.01 sq feet plus fin. Basement one rental. Both have gas heat and central air.Tenants pay all utilities,landlord pays taxes. City water and city sewer, both are fully rented and on leases.
247-249 Hubbard St-- Charming 5 Family that exemplifies fine New England aesthetics in Glastonbury, centrally located to Hubbard Green Park, local amenities, and center of town. Cash cow producing total rental income of $60,415 per year in 2015 w/ $23,000 cash flow. Utilities paid for by landlord. Also listed as MLS#G10220639
247-249 Hubbard St-- Charming 5 Family that exemplifies fine New England aesthetics in Glastonbury, centrally located to Hubbard Green Park, local amenities, and center of town. Cash cow producing total rental income of $60,415 per year in 2015 w/ $23,000 cash flow. Utilities paid for by landlord. Also listed as MLS#G10219000
Office space right exit 57 Guilford! Easy on and easy off I95. Second story of 3 story office building. Elevator present in the building for easy transport up and down. Office space is adequate for a large business, up to 2488 square feet, however, can also be divided space. Located near the new Guilford Commons. This unit does have a lot of windows and natural light. There is office furniture as well if you need it, in the unit, or it can be cleared out. Owner will consider replacing carpet for new tenant. Landlord is motivated to rent this space and has it marketed well under market value for office space in Guilford ! Take a look, it is a great opportunity.
Listed by Jules Gaughran-Etes of William Pitt Sotheby's Int'l
BUSINESS FOR SALE. Nealon Energy Solutions LLC also better known as Nealon Insulation. has been providing relentless perfection to its insulation clients for decades. This very successful company can be an excellent add on business opportunity for those in the building field or for anyone who qualifies. Very intriguing untapped growth market potential here aside from the busy day to day operations. The current building is leased and may be negotiated separately with the landlord. Buyers to submit letter of intent for review before financial disclosures can be made available. The current owner is willing to stay and work a sales growth position. Showings by appointment only. Please give at least a 24 hour notice to set up a onsite meeting. Listing Real Estate Broker and it's agents to be held harmless of any and all claims or representations as to current or future income represented by Nealon Energy Solutions LLC. Income Disclaimer will be signed prior to closing.
ATTENTION INVESTORS OR OWNER OCCUPANTS. This huge 3 unit multifamily is ready for its new owner. The large first floor apartment includes 3 bedrooms, kitchen, living room and sun porch and oil heat. Perfect for an on site landlord....live for free and let your tenants pay your mortgage. The second and third floor apartments both have two bedrooms, kitchens and living areas. They are electric heat and have their own meters. There is plenty of off road parking, a back porch and patio to enjoy the fresh air. A little TLC will go along way with this historic home.
Listed by Jaimee Benoit and Linda's Team of William Raveis Real Estate
Investors and handyman take note! Looking to be a landlord? Make sure to stop by this 2 family home in Enfield. With your finishing touches, this property has income producing potential. Full basement for storage and off street parking. Each unit has seperate entrances. Shaded back yard. Schedule your showing today
Listed by Michael Garcarz and Jonathan D Gineo of Nutmeg Properties
Unit #16 aka #1600 has the distinction of being the suite that spans the two buildings to the rear of these well maintained business condominiums. Conveniently located on Elm street just between of the Super Stop & Shop & Walmart center and Pasta Vita and I-95. Why rent your business space and put your overhead in the hands of a landlord when you can own and control your costs while gaining an asset. This 700sf suite offers an open floor plan suitable for 2-3 workstations plus equipment; a conference room and a private bathroom. Vaulted ceiling, efficient layout, and large windows allowing an abundance of natural light to keep your spirits high.
Listed by River to Sho Group of Page Taft - Christie's IRE
Rental Price$4,000The price has recently decreased
MLS Number E10221624
Beautiful property on Wamphassuc Point offering lovely gardens, two car garage, two living rooms with fireplaces, hard wood floors, eat in kitchen, 2 small bedrooms and bath on main floor plus master suite and sitting area on second floor. Ready for long term rental. Landlord pays for garden and lawn maintenance and pest control.
Listed by Lucia Johnstone of BerkshireHathawayNEProperties
This 3000 square feet unit comes with a loading dock. This small shopping plaza is well maintained. The monthly rent is $3,500 and the landlord will take care of the taxes, insurance, and the maintenance of the property.
Rental Price$3,450The price has recently decreased
MLS Number 170013200
Ever dream of living within walking distance to a vibrant, charming town and your home being one of the most coveted condos in the area? Look no further. This former model home for The 66 High Street Condo complex has everything you would dream of. Landlords are seeking an annual tenant with an immediate occupancy need. This home is unfurnished and dogs are permitted. This "industrial feel" open concept floor plan home has 2 bedrooms, one on each level, both ensuite (offers full bathrooms). Upgrades in the unit include: new tile in kitchen, 1/2 bath and pantry, some window treatments, new chandeliers, soaker tub in upstairs full bath and 2nd fridge in the attached 2 car garage. Rent price of $3600. includes all utilities, Tenant only pays for electricity and cable. You'll love the easy accessibility to downtown Guilford!
Listed by Kirsten Adams of William Pitt Sotheby's Int'l
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