Fantastic and VERY RARE investment opportunity in Stratford, CT: TWO multi-family buildings on ONE parcel! Five (5) units total (2-family + 3-family), with a combined $66,600 per year in gross rents. Private driveway off main road with paved parking lot accommodating 10+ vehicles. Vinyl siding, architectural shingle roofing, and many updates over the years. City water and city sewer, separate electric meters and ALL UNITS on electric heat and hot water for EASY & LOW MAINTENANCE utility payments. (Both buildings also have separate natural gas meters available, but no longer in service). Long term, accommodating tenants in place. Tenants pay for electricity, and Landlord pays for water, sewer, property taxes and grounds maintenance/snow. Centrally located close to Barnum Ave and Rt. 1 shopping, dining and conveniences, public transportation, and walking distance to Metro North train station. Please inquire with a licensed real estate agent of your choice to obtain rent roll spreadsheet and lease information.
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