47 Willington Avenue
Stafford, Connecticut

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!

Listing Courtesy of Home Selling Team