Fully rented, cash flowing 3-family home in a convenient location. This multifamily works well as an investment and also for an owner occupant. Each unit features spacious living areas and hardwood floors throughout, offering a warm and classic feel. All units are all-electric with separate utilities - making billing simple and keeping expenses in each tenant's hands. Attic space presents exciting potential for future expansion or additional storage.This property has solid rental flow as is with the current rents totaling 4,400. The as is caprate is 9.37. The new owner could also take advantage of the co-living trend that many landlords in New London area have been utilizing a rent out each room for 700$-800$ per month. Whether you're an investor looking for rental income or an owner occupant seeking to live in one unit, this property is a match. Don't miss this opportunity in a prime New London location!" Seller looking for an "as is" sale.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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