85 Vernon Avenue
Vernon, Connecticut
$230,000 Price
5 Bedrooms  

Fantastic Two-Family Home in Vernon. Instant Cash Flow Opportunity! Discover this well-maintained two-family house in Vernon, perfect for investors or those looking to house hack! This property features a newly updated first floor and reliable tenants in place on the second floor, making it an ideal investment. First Floor:...

Fantastic Two-Family Home in Vernon. Instant Cash Flow Opportunity! Discover this well-maintained two-family house in Vernon, perfect for investors or those looking to house hack! This property features a newly updated first floor and reliable tenants in place on the second floor, making it an ideal investment. First Floor: The inviting one-bedroom, one-bath unit has just been refreshed with new paint and flooring, creating a modern and appealing space. This unit is ready for a new tenant or could serve as a cozy owner-occupied residence. With a market rent of $1,200, it's a great opportunity to secure additional income right away. Second Floor: The spacious four-bedroom, one-bath unit with great tenants who are currently paying $1,600 per month. This established rental income provides instant cash flow and peace of mind for any investor. Key Features: - Newly painted and floored first-floor unit - One-bedroom unit ready for occupancy at $1,200/month - Four-bedroom unit with reliable tenants at $1,600/month (Below market value) - Strong cash flow potential from day one - Great location in Vernon, close to amenities and transportation Don't miss this opportunity to invest in a property that immediate returns and long-term potential.

Listing courtesy of Coldwell Banker Realty

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Monthly Real Estate Tax:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Vernon, Connecticut
Type: House
Price: $230,000
Re Tax: $2,722
Date Listed: 11/13/2024
Last Updated: 11/22/2024
Approx. sqft: 1,692 sf
Web ID: 24059673

Info & Amenities

Type: Multi Family
Rooms: 12.0
Bedrooms: 5
Bathrooms: 2.0
Built: 1900