100% Occupied, turnkey 6 unit asset located near Eastern CT University. The in place CAP RATE is 9.2% which includes management & maintenance. The unit mix is: 4, 3 bedroom units; 1, 2 bedroom unit; and 1, 1 bedroom unit. The tenants pay utilities. The electrical is separate and are circuit breakers. This asset can be purchased with 14 Milk, which is across the street. There is off-street parking. The asset is located near The Art Space, Garden on the Bridge and Shaboo Stage. New Owner has the opportunity to convert to student housing due to the proximity to the University. There are no delinquent paying tenants or evictions. The Owner does self manage.
Sold
$540,000
119 Carey Hl, Willimantic, CT 06226
15beds
3,900sqft
MultiFamily
Built in 1915
-- sqft lot
$1,071,500 Zestimate®
$138/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Electric
Cooling
- None
Features
- Basement: Yes
Interior area
- Total interior livable area: 3,900 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Vinyl
Lot
- Size: 6,534 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1915
Community & neighborhood
Location
- Region: Willimantic
Other
Other facts
- Basement: Yes
- HeatingSystem: Baseboard
- RoofType: Asphalt
- NumParkingSpaces: 0
- ParkingType: OffStreet
- YearUpdated: 1915
Services availability

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