96 Spring St, Vernon, CT 06066

$424,900
7
BD
3
BA
3,136
SqFt

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List Price
$424,900
Status
ACTIVE
MLS#
24207478
Year Built
1900
Bedrooms
7
Bathrooms
3
Acres
0.63
Living Area
3,136
Neighborhood
N/A

Property Description

Excellent opportunity for an investor or owner-occupant! This well-maintained three-family property offers strong existing income with additional upside. Two units are currently rented for a combined $3,800/month, while the vacant third unit has a projected rental value of approximately $1,850/month, bringing potential gross rents to about $5,650/month. Two units have been remodeled with updated kitchens, bathrooms, flooring and finishes, making this a turnkey investment with limited immediate work needed. All required Building Department permits and Fire Marshal clearances have been obtained for the property's current three-family use. The building also features a finished, heated attic (owners panel) that provides additional flexible space for an office, storage or other permitted use. A future owner may also explore conversion to a fourth unit, subject to zoning, building, fire and municipal approvals, including any required fire escape modifications. Each unit has its own furnace, with separate washer/dryer hookups in the basement. Paved off-street parking for approximately 8 cars. Conveniently located near shopping, restaurants, major roadways and everyday amenities. Rent the vacant unit for additional income or move right into the turnkey 2-bedroom apartment while collecting rent from the other units. Great opportunity for immediate cash flow and future upside! Agent/Owner

Additional Information

Taxes
$5,901
Lot Size
27,442
Heating
Baseboard, Hot Air
Cooling System Type
None
Water Source
Public
Basement
Full, Storage Space, Concrete, Full
Exterior Features
Porch, Deck
Parking Spaces
8
Elementary School
Per Board of Ed
Middle School
Per Board of Ed
High School
Rockville

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Calculator source: Real Geeks

Listing courtesy of Gramoz Mema from Exceptional Real Estate LLC. (860) 999-4986

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