As of May 6th, this unicorn of a five family investment property, is the only option available currently in all of Newington . It is very close to the town hall and firestation on Main Street. Normally there are only duplexes, condos, or perhaps a triplex available for investors to consider . This 4 unit multi family house, is a functional 5 family income producer. It has 3 of the 5 units available to tour in person currently, due to logistics and respect for our tenants time and cooperation. Tours are only being arranged for Saturday afternoons currently . However, exceptions are possible. The photo is from a few years ago, and the plot plan...
As of May 6th, this unicorn of a five family investment property, is the only option available currently in all of Newington . It is very close to the town hall and firestation on Main Street. Normally there are only duplexes, condos, or perhaps a triplex available for investors to consider . This 4 unit multi family house, is a functional 5 family income producer. It has 3 of the 5 units available to tour in person currently, due to logistics and respect for our tenants time and cooperation. Tours are only being arranged for Saturday afternoons currently . However, exceptions are possible. The photo is from a few years ago, and the plot plan is posted for the lot that could be split off, that meets the required setbacks . It is diagonally across from the firestation. It has not been on the market in the past 40+ years. The current rental rates are under market comparable to other units like condos or duplex rates in town . The plot plan shows that a building lot is possible to be split off and sold or re developed, which the town has verified. Additionally, there are two spaces or areas in the house that have the possibility of being converted in units, which would make it a 7 unit functional investment property. Or perhaps it could be converted back to a single family home. The property has cosmetics issues and needs power washing, painting, and isolated trim that needs to be addressed. I am the owner and the agent .
As of May 6th, this unicorn of a five family investment property, is the only option available currently in all of Newington . It is very close to the town hall and firestation on Main Street. Normally there are only duplexes, condos, or perhaps a triplex available for investors to consider . This 4 unit multi family house, is a functional 5 family income producer. It has 3 of the 5 units available to tour in person currently, due to logistics and respect for our tenants time and cooperation. Tours are only being arranged for Saturday afternoons currently . However, exceptions are possible. The photo is from a few years ago, and the plot plan is posted for the lot that could be split off, that meets the required setbacks . It is diagonally across from the firestation. It has not been on the market in the past 40+ years. The current rental rates are under market comparable to other units like condos or duplex rates in town . The plot plan shows that a building lot is possible to be split off and sold or re developed, which the town has verified. Additionally, there are two spaces or areas in the house that have the possibility of being converted in units, which would make it a 7 unit functional investment property. Or perhaps it could be converted back to a single family home. The property has cosmetics issues and needs power washing, painting, and isolated trim that needs to be addressed. I am the owner and the agent .