Courtesy of: Kevin Greenberg (Glastonbury), Better Homes and Gardens Real Estate Executive Real Estate, ibuy2477@gmail.com
Courtesy of: Kevin Greenberg (Glastonbury), Better Homes and Gardens Real Estate Executive Real Estate, ibuy2477@gmail.com
$1,149,000
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10 bed
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3,360 square feet
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7.00 Bath (7 Full)
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Lot: 0.15 Acres
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Other
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$1,149,000
8 Burnham Street Discover the potential of 8 Burnham Street, a unique mixed-use property offering both residential and commercial space in a convenient Terryville location. This property presents an excellent opportunity for investors seeking multiple income streams and long-term growth potential. Recent improvements include a new roof, new siding, and updated residential spaces, providing a solid foundation for the next owner. Conveniently located with access to Routes 6 and 72, local businesses, shopping, and area amenities. Existing occupancy with additional space offering lease-up potential makes this an attractive opportunity for an investor looking to expand a portfolio and capitalize on the versatility of a mixed-use property. Financial information and property details are subject to verification and buyer due diligence. Excellent investment opportunity at 8 Burnham Street, Terryville. This mixed-use income-producing property features seven units per owner, combining residential and commercial space, and offering multiple income streams. Current rent roll is approximately $93, 000.00annually, with reported expenses around $17, 468.00, yielding an estimated NOI of $75, 832.00 Additional income potential from one garage and two storage units could add roughly $800 per month. A great opportunity for investors seeking an established, income-producing property with upside potential. Buyer to verify all financials and uses.
Courtesy of: Kevin Greenberg (Glastonbury), Better Homes and Gardens Real Estate Executive Real Estate, ibuy2477@gmail.com
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