THIS IS THE CAP RATE YOU HAVE BEEN LOOKING FOR, WITH ROOM TO GROW!! This unique EAST ROCK 3 FAMILY + 4 CAR GARAGE comes in at a rare 7.36 cap rate and has been fully renovated down to the studs. Great investment opportunity & perfect for the owner occupier. This building is fully leased with 11 bedrooms & 5 baths - each unit features high ceilings, granite counters, SS appliances, w/d & central air. Huge unfinished basement with potential for storage units or expand the first floor unit for even more square footage. Plenty of off street parking - 4 car garage & 4 off street parking spaces. The back stairs, deck & fire escape have been newly built. Separate utilities. Updated electric, heating & cooling. Located in the most happening area in East Rock; steps from East Rock Brewery, mActivity, The District, countless restaurants, farmers markets & dog parks! Call today to make this great opportunity yours!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
