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Per Board Of EdElementary School
East HartfordHigh School
Description
Value add opportunity with existing income in place.
This investment opportunity features an 8 unit rooming house with 2 commercial spaces in the first floor
Barber shop has been in business for a long time.
The second commercial space is available for lease which will provide available income.
Great location with high traffic count on Burnside Ave.
The second asset is a traditional 4 family property needs rehab. There is a tremendous value add through remodeling and updating units.
Off street parking available for 8 cars
The in place CAP Rate is 7.2 %. The ARV once the asset is brought to its fullest potential over 13 % CAP.
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Listing Agent: Lisa Cozzi
Listing Office: Berkshire Hathaway NE Prop.