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$ 579,900
Est. payment /mo
Under Contract
10-16 Suffield Street Windsor Locks, CT 06096
8 Beds
4 Baths
4,960 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,960 sqft
Price per Sqft $116
MLS Listing ID 24087946
Style Units are Side-by-Side
Bedrooms 8
Full Baths 4
Year Built 1902
Annual Tax Amount $5,795
Lot Size 0.350 Acres
Property Sub-Type 4 Family
Property Description
Great income producing property, boasting $6,595/month income! This eight-bedroom, four-bathroom property offers approximately 4,960 (approximately 1,240 per unit) square feet of living space. The residence consists of four two-story 2-bedroom units, each with covered porches. Separate utilities for all including water. The 4 apartments currently total $6,120/month income, but HUD indicates Fair Market Rents for 2 bedroom units in Windsor Locks are $1,630/unit or $6,520/month combined, allowing room to add value. The property also features a detached garage of approximately 1,200 square feet, built in 2008. The garage is rented separately from the units, providing an additional $475 of income! It is hard to find a deal in today's market that beats the 1 percent rule like this one.
Location
State CT
County Hartford
Zoning BUS2
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water
Cooling None
Exterior
Parking Features Detached Garage
Garage Spaces 4.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Patti Sledesky • Coldwell Banker Realty