39 School St, Terryville, CT 06786

Three leasable buildings make up the lot on 39 School Street. One, is a duplex with a two-bed and a four-bed unit. These units also utilize a two-bay and a one-bay garage, respectively. The second, is a four-plex comprised of a 2-bed in the basement, a studio apartment (with a one-bay garage), a two-bed, and a three-bed (with one bay garage). Simply put, this building has been managed in a very professional manner. Tenants have been in place for a lengthy time period making this a very stable investment. Considering a 3% vacancy rate and self-management, this investment is at a 9% CAP. Above all, the finished product is a high quality investment property.