Great property with high cash flow in place and value-add potential! Updated 5 unit in a quite Meriden location. 4 units are occupied. 5th unit is legal and needs to be built out. Current Gross Income is $55,500, resulting in 12%+ CAP. Pro-rata, with the 5th unit up and running GI will be $68,400 - translating to a 15%+ CAP. Please see attached documents for additional info.
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