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Off market
  • $385,200

    88 S Main St, East Windsor, CT 06088

    --beds
    0baths
    4,721sqft
    MultiFamily
    Built in 1875
    -- sqft lot
    $385,200 Zestimate®
    $82/sqft
    $1,765 Estimated rent

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    Rent Zestimate®

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    What's special

    100% occupied & value add? Ideal opportunity to acquire an investment and create instant equity. This asset features 7 occupied units with an 8th approved unit (this is a legal 8 unit. The unit mix consists of: 5, 1 bedroom/1 bathroom units; 2, Studio/1 bathroom units; and, 1, 4 Bedroom/1 bathroom unit. The asset has brand new Navien Combo Heat & Hot Water Systems (owner paid but could be split. Owner pays electric currently and has started separating electric for all units. The seller has purchased a 9 bank electric meter bank and the new owner is able to finish and have tenants pay electric. The leases state that owner has right to have tenant pay electric with rent adjustment of $25 lower per month. The approved 8th unit is set up for separate electric heat and hot water and estimate to finish the unit is around $6k. The property has new propane tanks and off street parking as well There is so much value to come with this property 88 Main can be purchased together with 136 Main Street (MLS#170463173.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Oil
    Appliances
    • Laundry: In Basement, Common Laundry Area, Coin Op Laundry
    Features
    • Basement: None
    • Attic: Access Panel
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,721 sqft

    Property

    Parking
    • Parking features: Off-street
    Accessibility
    • Accessibility features: Multiple Entries/Exits
    Features
    • Patio & porch: Patio
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Brook
    Lot
    • Size: 0.84 Acres
    Details
    • Parcel number: EWINM52B5L45A
    • Zoning: B-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1875

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: East Windsor

    HOA & financial

    Other financial information
    • Total actual rent: 174900

    Other

    Other facts
    • ViewYN: true
    • Sewer: Public Sewer
    • Heating: Baseboard, Oil
    • Roof: Other, Slate
    • FireplaceYN: true
    • AssociationYN: 0
    • HeatingYN: true
    • PatioAndPorchFeatures: Patio
    • ConstructionMaterials: Frame, Wood Siding, Aluminum Siding
    • Zoning: B-2
    • NumberOfUnitsTotal: 7
    • NumberOfUnitsInCommunity: 6
    • Cooling: Window Unit(s)
    • FireplacesTotal: 4
    • FoundationDetails: Stone, Concrete
    • ParkingFeatures: Unassigned, Off Street, Parking Lot
    • ArchitecturalStyle: Other
    • View: Water
    • LaundryFeatures: In Basement, Common Laundry Area, Coin Op Laundry
    • CommunityFeatures: Park, Library
    • YearBuiltSource: Public Records
    • Attic: Access Panel
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Brook
    • AccessibilityFeatures: Multiple Entries/Exits
    • TotalActualRent: 174900.00
    • Basement: Full With Walk-Out
    • MlsStatus: Active
    Sell with ease on Zillow
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    $385,200
    2% more+$7,704
    With Zillow Showcase(estimated)$392,904