🆕📍 New Haven 3-Unit | $30K NOI Day 1

[Dennis Pressey Jr]

HOT 3-UNIT DEAL IN WATERBURY! 

Add this cashflowing, fully occupied 3-unit property to your portfolio for less than $100K Per Unit! This property comes with off-street parking, separate utilities/meters and on-time, good standing tenancy.

This is an NOI monster from Day 1 with big equity upside as-is with even more meat on the bone if do luxury renovations.

**Key Features of This Deal**

• Roof replaced 2023 with transferable 10 year warranty
• Boiler(s) and Water Heater(s) approx 8 years old
• Includes additional Vacant Lot - additional building potential
• 1st Floor Unit updated in May 2022
• 2nd and 3rd Floor Units updated bath rooms and shows in 2024

**Financial Estimates and Breakdown**

Estimated Repairs: $0,000 - $8,000

After Repair Value: $359,000 - $399,000

Potential Equity: $40,000 - $60,000

Property Taxes: $6,845 (year) Insurance: $1,800 (year)

Utilities: $2,295 (year) Maintenance: $6,800

Gross Income: $3,086 (month) or $37,032 (year)

Net Operation Income (NOI): $30,495 (year)

**Comparable Sales with Last 6 Months**

• 118 E Farm St | $393,000
• 152 E Farm St | $365,000
• 4 Court St| $400,000
• 25 Silver St | $405,000

**Your Next Steps**

1. Make Your Best Offer
   (make offer here or email us now)
2. Place Deposit and Execute Assignment Agreement
3. Complete Inspections and Due Diligence
4. Close Per Terms of Original Agreement

**Disclaimer And Details**

Property inspections ARE allowed with deposit. This is a Contract Assignment that is prepared to close.

You are expected to perform your own due diligence and assess value. Any information provided here is in good faith only and not intended to be legal advice.

Buyer covers all closing costs. Taxes are prorated.

Ready to close with no encumbrances or delays.