47 Beacon Street
Hamden, Connecticut

Description:

PRIME HAMDEN INVESTMENT OPPORTUNITY! Discover this spacious, light-filled, and well-maintained 3-family house offering outstanding cash flow from day one. Perfect for both investors and owner-occupants, this 3 story property features two 3-bedroom/1-bathroom units & one 1-bedroom/1-bathroom unit, plus additional income from a 2-car garage rental. The large, clean, semi-finished basement w/natural light presents excellent potential: finish it for additional rental income or create a spacious owner's duplex incorporating the backyard, driveway & garage. This turnkey investment comes fully occupied w/reliable tenants w/proof of on time rent. Investment Highlights: * Current Annual Income: $64,000 (Projected: $69,000) * Net Operating Income: $45,000 (Projected: $50,000) * Cap 8.15 (Projected: 9)All leases convert to month-to-month by July 31. Don't miss this opportunity to own a high-performing, low-maintenance multi-family property in desirable Hamden.

Listing Courtesy of Premier Re Group LLC