78 West Street
Property Description
This 4-family truly shines! All four units have been updated with new flooring, fresh paint, updated lighting, and bathrooms. Each unit also features stainless steel appliances less than five years old, including a dishwasher, microwave, electric stove, and refrigerator. The property features two spacious multi-level 4-bedroom, 2-full-bath units, plus two 1-bedroom, 1-bath units. Fully rented with great-paying tenants, this turnkey investment is ready to perform from day one. Tenants pay their own utilities, and electric heat helps keep owner maintenance simple. Coin-operated laundry provides additional income. And there's more - a large 3-car garage that is currently unused, offering even more potential. Use it for your own storage or explore the opportunity to generate additional income from an already income-producing property. Fully occupied, updated throughout, low owner utility responsibility, additional laundry income, and untapped garage potential - 78 West St. is ready for its next investor. Conveniently situated 10 minutes from Niantic & Groton, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports. No trespassing. PLEASE DO NOT ENTER OR WALK THE PROPERTY WITHOUT A SCHEDULED APPOINTMENT. Property is fully occupied.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $825,000 |
| Year Built: | 1890 |
| Lot Size: | 2,568.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 6 |
ID: 3yd-CTMLS-24202699
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