Main Street
Vernon, Connecticut
$949,000 Price
17 Bedrooms  

Calling all investors! Perfect opportunity to own a fully renovated 7-unit property in Vernon with a remarkable 8% CAP rate! All you need to do is take over collecting This centrally located building offers diverse unit sizes from 1 to 3 bedrooms, with Units 1-2 featuring 1 full bath...

Calling all investors! Perfect opportunity to own a fully renovated 7-unit property in Vernon with a remarkable 8% CAP rate! All you need to do is take over collecting This centrally located building offers diverse unit sizes from 1 to 3 bedrooms, with Units 1-2 featuring 1 full bath and 1 bedroom each, Units 3-6 with 3 bedrooms and 1 full bath, and Unit 7 boasting 3 bedrooms and 1.5 baths. The property underwent significant renovation, including new electrical systems and tankless heaters installed in April 2021. Separate utilities are paid by the tenants, and a phone app operated laundry system in the deluxe laundry room provides additional income. The building includes 7 off-street parking spots and passed fire code inspection. This turn-key property is conveniently located blocks from downtown Rockville, close to Talcott Park, Vernon Rails-to-Trails, and various dining and recreation options. Easy access to I-84, the Shops at Buckland Hills, and Shenipsit Lake enhances its appeal. Units feature remodeled eat-in kitchens with stainless steel appliances, hardwood cabinetry, ample storage, and recessed lighting. Energy efficiency is ensured with newer windows and gas utilities, new roof, gutters, while safety is enhanced with hardwired smoke detectors and upgraded electricals. Professionally managed and landscaped. Secure pin-code entry on all exterior doors and allocated off-street parking add to the convenience and safety.

Listing courtesy of Keller Williams Realty

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* 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: $949,000
Re Tax: $9,636
Date Listed: 1/27/2025
Approx. sqft: 5,928 sf
Web ID: 24060719

Info & Amenities

Type: Multi Family
Rooms: 32.0
Bedrooms: 17
Bathrooms: 9.0
Built: 1910