28 WINTHROP STREET
NEW BRITAIN CT , CT 06052
28 WINTHROP STREET
GREAT BUY AND HOLD OPPORTUNITY WITH CASH FLOW PLUS 3RD APT
EXCELLENT SIZE MULTI FAMILY WITH WITH EXCELLENT EXTERIOR SIDING
NEEDS 40K IN REPAIRS TO BRING UP TO SECTION 8 STANDARDS AND MAXIMIZE REVENUE
ASKING 59K
ASSESSED AT $136K
TAXES $5013
5/2/2755 SF
2 FAMILY WITH 3RD APT BUILT 1900
ARV 150K
REHAB 40K
ADMINISTRATIVE 14K
PROFIT 37K
VALUE 59K
BREAK EVEN $113K
R.O.I $24K
FIRST FLOOR 3BR $1100 TO $1200 PER MONTH
SECOND FLOOR 2BR $850 PER MONTH
THIRD FLOOR 1BR $650 PER MONTH
PROJECTED GROSS RENT $2600 TO $2700 PER MONTH
PROJECTED NET RENT $1800 PER MONTH=$21,600 ANNUALLY
ALL POTENTIAL BUYERS NEED TO PROVIDE PROOF OF FUNDS
THIS IS A CASH SALE
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