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.
Off market
Zestimate®
$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
Owner options
What's special
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
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$385,200
2% more+$7,704
With Zillow Showcase(estimated)$392,904