80 W Main St, Stafford Springs, CT 06076

This sale is an 16+% CAP rate, value add opportunity with 5 adjacent buildings. There is a total of 12 units. The unit mix is: 10 two bed units and 2 three bed units. The majority of units are updated, including kitchens, baths, flooring and paint. There are 2 units that need complete rehab. 10 of the units have separate and tenant paid utilities. The owner pays heat & hot water for 2 units. The electrical is separate and tenant paid. There is shared, off street parking. This opportunity is close to town and the highway Currently management in place, willing to stay on for new owner.