567 Vauxhall Street Extension Unit SUITE 304, 305, 306, Waterford, CT 06385
- $79,000
- 1
- BA
- 1,008
- SqFt
- List Price
- $79,000
- Status
- ACTIVE
- MLS#
- 24181138
- Year Built
- 1985
- Bathrooms
- 1
- Living Area
- 1,008
- Neighborhood
- Quaker Hill
Property Description
Professional office suite located on the 3rd floor of Waterford Professional Building that is accessed via an elevator or stairs. Approximately 1,008 SQ FT comprised of 4 offices, waiting area, 1/2 bathroom, & a small supplies area. Three of the offices are leased, the 4th office is being used as storage. Their is a shared waiting area. Monthly condo association fee is $479.00, real estate taxes are $105 monthly or $1,264.00 yearly. The landlord states the monthly expenses total $584.00, tenants pay for their own electricity. Water is included in the condo association fee. Monthly rental income is $1,450.00, net monthly income is $866.00, annual income is $10,392.00. Listed for sale at $79,000.00, owner states a 13% Cap Rate. Since the offices are occupied all showings must be scheduled in advance.
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Additional Information
- Taxes
- $1,264
- Hoa Fee
- $479
- Heating
- Wall Furnace
- Cooling System Type
- Wall Units
- Water Source
- Public
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Listing courtesy of Erik Mills from U.S. Properties Real Estate Services, LLC. (860) 437-0101 (860) 691-2011
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