Excellent investment opportunity in this 5 unit apartment building on Cenrtal St, just steps away from Norwich University. All units are currently rented and have had consistent rental history. 4 of the 5 units have undergone extensive updates in the last 4 years. Unit 1 is the original main house spanning two floors and two large bedrooms with 1 full and 1 half bath. Unit 2 is a 2nd floor 2 bedroom with 1 bath. Unit 3 and 4 are first floor 1 bed 1 bath units. And Unit 5 is a studio apartment. Cap rate is well above 10%. Lease agreements and expense reports are available for interested and qualified buyers to review. Don’t miss this rare opportunity to start or expand your rental portfolio in a highly desirable area.
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Listed by:
Property Owner(802) 279-4885
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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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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