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ATTENTION INVESTORS!!! This incredible 10 CAP investment Opportunity for 4 units across 2 2-family properties may be exactly what you're looking for!!! Discover the potential in this centrally located low overhead property. With strong rental demand from nearby ECSU, Uconn and in the general market, vacancy will not be a problem. Tenant amenities include large backyards, with privacy and gardens. Conveniently walkable to downtown, near bus lines and ideal for investors or renovation-minded buyers looking to restore charm and build equity. Off street parking, long term tenants, and under market rents make this a Value-add asset. Add 2 more bedrooms to the top floor units and consider pro-forma rents. These are stable in place, but the sky is the limit. Combine with other listed Willimantic properties: Pleasant St., Jackson St., and Chapman St. as a 17 unit portfolio. GOI:63,000 Expenses: 10,868 NOI: 52,132 10CAP PRO Forma NOI: 77,932!!! floor plans available**
| DAYS ON MARKET | 2 | LAST UPDATED | 6/29/2025 |
|---|---|---|---|
| YEAR BUILT | 1930 | GARAGE SPACES | 2.0 |
| COUNTY | Windham | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Per Board of Ed |
|---|---|
| High School | Per Board of Ed |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Hot Water, Natural Gas, Oil |
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| STYLE | Other, Units on different Floors |
| TAXES | 6620 |
| WATER | Public |
| ZONING | NPR2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing courtesy of Berkshire Hathaway NE Prop.
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