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$ 355,000
Est. payment /mo
Price Dropped by $20K
129 Valley Street Windham, CT 06226
7 Beds
4 Baths
3,963 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,963 sqft
Price per Sqft $89
MLS Listing ID 24138836
Style Units on different Floors
Bedrooms 7
Full Baths 4
Year Built 1870
Annual Tax Amount $4,178
Lot Size 10,890 Sqft
Property Sub-Type Other
Property Description
Mixed-use investment property with multiple income streams and strong value-add potential. The property is zoned B-1A and currently configured with two occupied residential units generating income, plus two additional gutted residential units with plumbing in place, ready for build-out. The property also includes a commercial storefront with a separate entrance, offering flexibility for a variety of permitted uses. B-1A zoning may allow for additional residential units, subject to municipal approvals. Additional income opportunities include four dedicated storage spaces, ideal for ECSU students or nearby tenants, two garage bays, and an on-site parking lot, all of which convey with the property. Current NOI is approximately $38,291, with substantial upside through completion of the two remaining residential units. Property is being sold as-is. Rent roll and financials available upon request.
Location
State CT
County Windham
Zoning B1A
Rooms
Basement None
Interior
Heating Gas on Gas, Wall Unit
Cooling None
Exterior
Parking Features Attached Garage, Paved
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Flat
Building
Lot Description Corner Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools W.B. Sweeney
High Schools Windham
Listed by Kyle West • eXp Realty