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Investors Dream

107 Sylvan Avenue, Waterbury, CT
 
The MLS # is F989213.
The is a family house on .24 acres. House is in need of total rehabilitation. Would sell for $150-$175.
Please contact:
Rena Cherry
Nationwide Realty
203 733-3829
rena_cherry@msn.com

Attention Investors - 6 Family 8.7% Return on Purchase Price $299,999 Won't Last

37-39 School St., Naugatuck, CT
 
Attention investors --6 family 8.7% return on purchase price $299,999 wont last long time tenants new roofs, separate heat hot water.
Below market rents easy $1500/per month income upside can increase value by as much as $200,000!

3739 School Street Naugatuck CT 6 unit property

Bedrooms, Rents Current, Rents Market, Unit, Address
2, $675, $850, a, 37
2, $675, $850, b, 37
1, $560, $750, c, 37
1, $485, $750, d, 37
1, $560, $750, e, 37
1, $575, $950, 39, 39
Total: $3,530, $4,900

Annual income:
$42,360, $58,800
Yrly laundry/4/wk/tenant: $0, $1,247
Total annual income: $42,360, $60,047

Annual expenses:
Water & sewer: $1,461, $1,461
Owner electric: $0, $0
Real estate taxes: $9,163, $9,163
Insurance: $5,820, $5,820
Landscape/plow/shovel: by tenant, $1,200
Total: $16,444, $17,644
Net operating income: $25,916, $42,403
Value at 8.5% return: $304,894 , $498,859
Increased value : $193,965

Upside:
Rent: $16,487
Yrly laundry/4/wk/tenant: $1,247
Tot realistic upside income: $17,734

Call Jeffrey at (203) 312-4879 or email jaweiller@gmail.com

Great Opportunity for the Lovely 4/2!

40 Pine Woods Rd., Hyde Park, NY
 
4 bedroom 2 bathroom-in-law apartment Lower level!

House has a New roof, windows, and siding, new boiler, hot water heater and pipes. Kitchen has been updated. Has new refrigerator and under cabinet microwave. Has a working wood burning fireplace (saves up to $6000 in heating expenses). New ceiling fans.

There's a wooden shed and an outdoor garage with a concrete floor. Septic has just been taken care of. Fenced in vegetable garden. There's an area for an above ground pool, leveled with sand.This home is much bigger than it looks. Very roomy, open kitchen. Its located close to pine woods park, the town pool and many stores, located in a great area.

This home is much bigger than it looks. Very roomy, open kitchen. Its located close to pine woods park, the town pool and many stores, pharmacies and restaurants. Located in a nice area.

Only needs some updates

Great Deal for investors and rehabbers Call Jeff or Nicole at 845-443-4896!

3 Family plus 11 garage's and off street parking Great Investor Steal!

22 Oak St., New Britain, CT
 
3 Family plus 11 garage's and off street parking Great Investor Steal!

Current Return 9%

Upside to 13% return with rental of 11 vacant garage bays

Rented and operating with part time super in place

Tenants pay electric heat and hot water

Lots of off street parking

New vinyl siding

Gas burners and water heaters in great condition!

This deal will not last! Call Nicole for full financials. 860-269-4579
22 Oak Street New Britain financials
Monthly rental income:
Per month 2 bedroom: $640
Per month 3 bedroom: $760
Per month 2 bedroom: $500
Per month gross income: $1,900
Annual rental income: $22,800
Less annual expenses: $300
Water and sewer: $2,600
Insurance: $1,600
Real estate taxes: $4,000
Total annual expenses: $8,500
Net operating income: $14,300
Net operating income return on price: 8.94%
Potential monthly income: 11 garages @ $50 each per month: $550
Potential annual income 11 garages @ $50 each per month: $6,600
Net operating income+ garage income: $20,900
Price: $159,999

38k Equity + 3400 rent in Black Rock, Bridgeport

36 (#38) Monroe Street , Black Rock, Bridgeport, CT
 
-After repair value: $325,000
-3 minutes walk to beach, train (Fairfield Metro), parks, restaurants.
-Price: $256,500 (includes assignment fee)
-3 units (2 bed/1 bath) = up to $3,400/month rent Income
-Fully rented/owner occupied
-Flanked by owner occupied buildings!
-2 New Furnaces/New Insulation/Fire doors
-Repairs: 30k
-(203) 273-6704 Wayne (appointments only)

Large Multifamily in a high-growth area

200 Old Hartford Rd, Colchester, CT
 
Here's the scoop...

This property is located in one of Colchester's high traffic state routes. This place is huge. 3,000 square feet of living space is spread across 2 units with $2250 income. Tenants pay their own utilities. Owner pays town water & sewer, plus trash removal. There is a walk-in basement and a full height walk-up attic, giving more than 4,000 sq feet of use.

This property is owned by a licensed real estate broker who is selling due to family reasons. Creative deal making is possible via negotiable closing costs, reducing the cash you will need at close.

Also worthy to note, the town of Colchester is working to rewrite its zoning regulations. Owner is a member of the P&Z board and knows that based on the latest draft of the newly proposed regulations, changes to density requirements may allow this property to be expanded to a 3 family use (and there is plenty of square feet in the building to accommodate).

Other commercial uses are also possible at this location in its current state. There is also a letter filed on the town records showing that this property is grandfathered in as mixed use, a rare find in Colchester.

Please note: there are no guarantees intended, either explicit or implied, about the town's rezoning. This additional information is in the public domain and you may find it of interest in considering this property.

Contact me today and start building equity in this prime location right away.

staceybrown@ilmct.com or 800-237-0917 x17

Great Deal

Knollwood rd., West Hartford, CT
 

LOCATION LOCATION LOCATION

A property in need of rehab.

6 Rooms - Ranch
Kitchen, Family rm, Living rm, 3-Bedroom 1 1/2 Bath,
Walk out basement, lower level partial finished
New Roof, stone patio, very quiet street.
Vinyl siding
Minutes to West Farms Mall and Blue Black Square
Great schools

1st floor: 1360 sq. ft.
Great neighborhood
basement: 1152 sq ft.
After repair value: $225 to $250
Sale Price $109.500
Serious buyers only.
860.255.4750
real3010@gmail.com

Yona Gregory
CT REIA
P.O. Box 270896
West Hartford, CT 06127
P: 860.265.4414 | F: 860.606.8021