Pride of Ownership evident on this Brick, 25 Unit, Condo Tax Status Asset. The property is located in the Asylum Hill Neighborhood. The building mechanicals are top of the line with the heating system being a 2019 Weil McLain high efficiency boiler. The hot water heater is a 2019 Heat Flo. Thermostats are networked and controlled through Sensi (Emerson) on owners phone (you can regulate temperature). The building has a Fob locks system to support the security of the asset. The property has 12 security cameras. The roof was sealed 2 years ago. There are 2 sets of washing machine & dryers in laundry room lower level that receives income of @ $6k per year. The unit mix: 4: Studios, 1: 2 bedroom, and 20: 1 bedroom units. The asset features a workshop on the lower level. The electrical has been updated to circuit breakers and there are individual meters for each unit. The tenant base is solid with very low turnover. There is off street parking behind the building and the lot is fenced in. The lot was paved in 2018. 24 units have Modern flooring and if units have hardwood then they kept those. The units feature galley kitchen with matching refrigerators and electric stoves (they use the same brand unless they had delivery issues during covid). There is an assumable $1.2 million loan at 5%. LOAN DOES NOT NEED TO BE ASSUMED. No Seller Financing.
Listing Agent: Lisa Cozzi Courtesy of: Berkshire Hathaway NE Prop. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Updated: 3rd October, 2022 3:11 PM (UTC)