Property Description:

Excellent investment opportunity!!! 12 Large storage units on a .12 acre corner lot situated on Walker and Bristol street in the heart of New London! Storage units are becoming extremely scarce these days, don't miss out on this great opportunity to own 12 units without the headaches and maintenance of apartments. Current rents are on the low side and could easily be increased with some improvement to the building. Commercial Appraisal was done in 2017, value came in at $230K. Selling "AS IS" at this latest price reduction.

Property manager occupies 2 units at no charge in lieu of management services. Projected monthly rental on the low side is projected to be $2500. All tenants are on month to month agreements. Viewings will be the exterior of the building only. If client is interested property manager can get us into a couple units when he is available. Recently reduced price is the lowest the seller can accept, please don’t bother with any offers lower than the current list price. Selling "AS IS".