264 Chestnut Street
Property Description
Turnkey and ready for its next owner to capitalize on multiple income streams with the peace of mind only obtainable with newer construction. Exceptional high-yield investment opportunity boasting a projected 10.3% CAP rate and a 1.72 DSCR, offering great cash flow and a distinct opportunity for investors. This versatile property features a spacious 4-bedroom main home characterized by hardwood floors and tasteful updates, that includes two additional bonus rooms with a finished walkout lower level. All complemented by a fully self-contained 2-bedroom apartment perfect for rental income or an in-law suite on the lower level. Whether you're looking to house-hack, manage a multi-generational setup, or expand a high-performance portfolio, this river-view gem on the Sugar River delivers both scenic charm and serious mathematical margin. Home is situated 6 min from Sullivan County Health Care and 7 min from Valley Regional Hospital.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $524,000 |
| No. of Units: | 2 |
| Year Built: | 2008 |
| Lot Size: | 3,100.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $262,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-NNERENNH-5088001
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
796 Atwells Avenue
Providence, Rhode Island
7 Barrett Avenue
North Providence, Rhode IslandBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout