49 days on market
Under Contract
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92 West Main Street, Vernon CT 06066

Current Price: $949,000

17 beds 8 baths 5928 sq. ft

Last Update: 9/7/2024

Property Type: Multi-Family For Sale

Public Remarks

Calling all investors! Perfect opportunity to own a fully renovated 7-unit property in Vernon with a remarkable 8% CAP rate! All you need to do is take over collecting rThis centrally located building offers diverse unit sizes from 1 to 3 bedrooms, with Units 1-2 featuring 1 full bath and 1 bedroom each, Units 3-6 with 3 bedrooms and 1 full bath, and Unit 7 boasting 3 bedrooms and 1.5 baths. The property underwent significant renovation, including new electrical systems and tankless heaters installed in April 2021. Separate utilities are paid by the tenants, and a phone app operated laundry system in the deluxe laundry room provides additional income. The building includes 7 off-street parking spots and passed fire code inspection. This turn-key property is conveniently located blocks from downtown Rockville, close to Talcott Park, Vernon Rails-to-Trails, and various dining and recreation options. Easy access to I-84, the Shops at Buckland Hills, and Shenipsit Lake enhances its appeal. Units feature remodeled eat-in kitchens with stainless steel appliances, hardwood cabinetry, ample storage, and recessed lighting. Energy efficiency is ensured with newer windows and gas utilities, new roof, gutters, while safety is enhanced with hardwired smoke detectors and upgraded electricals. Professionally managed and landscaped. Secure pin-code entry on all exterior doors and allocated off-street parking add to the convenience and safety.

Professionally Managed & Landscaped Monthly Pest Control- for precautions Off Street Parking Each unit has its own electric & heat. 5 Units fully rented with two year leases in place.

Map to Property at 92 West Main Street, Vernon CT 06066


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Residential Property Information for 92 West Main Street, Vernon CT 06066

MLS #: 24023795

Style: Units on different Floors,3updown - Unit(s) per Fl

Color:

Total Rooms:

Bedrooms: 17

Bathrooms: 8

Acres: 0.37

Year Built: 1910 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $9,636

Zoning: PND

Mil Rate:

Assessed Value: $274,610 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 5928; below grade sq feet total is ; total sq ft is 5928

Features
Laundry Location & Info: Coin Op Laundry  First Floor
Fireplaces: 0
Basement Desc.: Full
Exterior Siding: Vinyl Siding
Exterior Features: Balcony,Sidewalk,Shed,Porch,Deck,Gutters
Foundation: Concrete
Roof: Asphalt Shingle,Gable
Parking Spaces: 2
Garage/Parking Type: Detached Garage
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Nearby Amenities: Basketball Court,Lake,Library,Medical Facilities,Park,Playground/Tot Lot,Walk to Bus Lines
Occupied: Tenant
Utility Information

Hot Water System Natural Gas,Tankless Hotwater

Heat Type: Baseboard,Radiator

Fueled By: Natural Gas.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate: Per Board of Ed

Middle: Vernon Center

High School: Rockville

Marketing History

Current List Price: $949,000

Original List Price: $949,000

DOM: 49

Listing Date: 6/7/2024

Last Updated: 7/30/2024 7:19:28 PM