405 Mohegan Avenue Parkway, Waterford, CT 06375

Great Investment Opportunity!! Large well-built and well-maintained 4-family on the Waterford-New London line. Excellent income, fully rented and rental history! PLUS 2+-car garage rent at $500/month. PLUS a separate truck parking space rented at $100/mo. in lower parking lot. First floor has one large 3-bedroom apartment that was fully renovated in 2018. It has beautiful hardwood floors in 2-bedrooms and dining room plus new carpet in living room and 3rd bedroom. Second floor has two 1-bedroom apartments. One of these units has just been renovated and will be rented shortly. The third floor has one 2-bedroom apartment. Basement contains an owner's workshop, common coin-operated laundry area; two large tenant storage areas; and a small area for exercise equipment. Owner pays heat and hot water for all tenants. Property taxes are paid to both New London and Waterford. Back on the Market. Investment Buyer unable to pay 25% down payment for conventional mortgage.