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1264 Main Street

Coventry, CT 06238
  • $349,900
  • STATUS: Active
  • MLS #: 170459852
UPDATED: 35 min ago
$349,900
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,652
    SQFT
  • $96
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Rarely available, fully occupied, Coventry Village mixed-use property for sale with 9% CAP! LOCATION, LOCATION! Convenient to the Village & Patriots Park (lake features: swimming, playground, band shell events + boat launch) is two blocks away, UCONN is 4 miles away and at the edge of deep Eastern CT. The property is conveniently located on Main Street and has (2) retail units on the first floor + (3) apartments above with the following unit mix: 3 bed, 2 bed, 1 bed. The property is 100% occupied with historically low vacancy rate. The utilities are separate and tenant paid (propane heat, updated electric). There is off-street parking behind the property. Great cash flowing asset with 19% ROI + value add opportunity (rents below market) if you renovate units and increase rents!

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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. Data last updated: 2022-01-28T16:10:01.36.
www.anytimerealty.com/homes/124467938
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1264 Main Street Coventry, CT 06238

  • Price: $349,900
  • Status: Active
  • On Site: Days
  • Updated: 35 min ago
  • MLS #: 170459852
0
Beds
0
Baths
0
½ Baths
0.1
Acres
3,652
SQFT
$96
$/SQFT
1900
Built
Neighborhood:
Coventry
County:
Tolland
Area:
Coventry
Property Description
Rarely available, fully occupied, Coventry Village mixed-use property for sale with 9% CAP! LOCATION, LOCATION! Convenient to the Village & Patriots Park (lake features: swimming, playground, band shell events + boat launch) is two blocks away, UCONN is 4 miles away and at the edge of deep Eastern CT. The property is conveniently located on Main Street and has (2) retail units on the first floor + (3) apartments above with the following unit mix: 3 bed, 2 bed, 1 bed. The property is 100% occupied with historically low vacancy rate. The utilities are separate and tenant paid (propane heat, updated electric). There is off-street parking behind the property. Great cash flowing asset with 19% ROI + value add opportunity (rents below market) if you renovate units and increase rents!
Exterior Features

Construction Description Frame Exterior Features Door SignGuttersLightingRoof SignSidewalk Foundation Type MasonryStone Lot Description Level Lot Parking Spaces Uncovered 6 Parking Total Spaces 6 Road Frontage Description Municipal Street Roof Information Metal

Interior Features

Cooling System Window Unit Flooring VinylWood Heat Type Baseboard Interior Features Window Display

Property Features

ADACompliant YN No Bank Owned Property Yn No Commercial Category InvestmentOfficeResidential Income Documents Available None Flood Zone Yn No Garage Parking Info PavedOff Street Parking Heat Fuel Type Propane Location DowntownStrip Mall Possession Availability Negotiable Potential Short Sale Yn No Potential Use OfficeRetailResidential Present Use CommercialResidential Property Tax 4758 Sewage System Public Sewer Connected Sign Yn No Subdividable Ynu No Tenants Number Of 5 Utilities Available ElectricPhone AvailableCable Available Water Source Public Water Connected Zoning Vc

Listing information © 2022 Smart MLS
Listing provided courtesy of Amanda R Faroni of Vanguard Private Client Grp.


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. Data last updated: 2022-01-28T16:10:01.36.
 
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