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Sold for $540,000 on 06/01/23
  • $540,000

    119 Carey Hl, Willimantic, CT 06226

    15beds
    3,900sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $1,038,400 Zestimate®
    $138/sqft
    $1,480 Estimated rent

    Owner options

    List your home for rent

    $1,480/mo

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    $1,480/mo

    Rent Zestimate®

    Refinance and save

    $3,624/mo

    Est. payment

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    $3,624/mo

    Est. payment

    What's special

    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.

    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