See all 9 photos
$310,000
Est. payment /mo
4 Beds
2 Baths
1,350 SqFt
New
47 Willington Avenue Stafford, CT 06076
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Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $229
MLS Listing ID 24103524
Style Units are Side-by-Side
Bedrooms 4
Full Baths 2
Year Built 1890
Annual Tax Amount $3,768
Lot Size 5,227 Sqft
Property Sub-Type 2 Family
Property Description
Investment Opportunity in Prime Stafford Location - 47 Willington Ave Welcome to this well-maintained and updated side-by-side two-family home, ideally located on sought-after Willington Avenue-just a short stroll to downtown amenities and the scenic Dennis Pond Conservation Area. With convenient access to Route 32 and just 20 minutes to UConn, this property offers excellent value for investors. Each unit offers 2 bedrooms and 1 bathroom, with laminate and hardwood flooring throughout. Both units are fully rented to reliable, long-term tenants at $1,200/month, producing a total annual income of $28,800. That's a solid 9% cap rate at the current list price-well above market average. Recent Updates Include: New roof and vinyl siding. Extensively renovated bathrooms. Buderus boiler with indirect hot water (maintained by local fuel supplier). Owner's meter with generator hook-up for added security. Additional Features: Two paved driveways plus street parking. Separate electric meters (paid by tenants). Public water and sewer. Washer and dryer hookups in each unit. All appliances included in the sale (see attachment). This is a true turn-key investment opportunity in a desirable neighborhood. Don't miss your chance to own a quality income-generating property in Stafford!
Location
State CT
County Tolland
Zoning A
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water
Cooling None
Exterior
Exterior Feature Porch-Enclosed, Porch
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Lightly Wooded, Level Lot
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Stafford
High Schools Stafford
Listed by Noah King • Home Selling Team