129 Valley St, Windham, CT 06226
- $275,000
- 7
- BD
- 4
- BA
- 3,963
- SqFt
- List Price
- $275,000
- Status
- PENDING
- Days on Market
- 263
- Price Change
- ▼ $24,000 1781203593
- MLS#
- 24138836
- Subtype
- Multi-Family For Sale
- Year Built
- 1870
- Bedrooms
- 7
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,963
- Lot Size
- 10,890
- Acres
- 0.25
- Neighborhood
- Willimantic
Property Description
Mixed-use investment property with multiple income streams and strong value-add potential. The property is zoned B-1A and currently configured with two occupied residential units generating income, plus two additional gutted residential units with plumbing in place, ready for build-out. The property also includes a commercial storefront with a separate entrance, offering flexibility for a variety of permitted uses. B-1A zoning may allow for additional residential units, subject to municipal approvals. Additional income opportunities include four dedicated storage spaces, ideal for ECSU students or nearby tenants, two garage bays, and an on-site parking lot, all of which convey with the property. Current NOI is approximately $38,291, with substantial upside through completion of the two remaining residential units. Property is being sold as-is. Rent roll and financials available upon request.
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Additional Information
- Taxes
- $4,178
- Zoning
- B1A
- Heating
- Natural Gas, Wall Furnace
- Air Conditioning
- None
- Foundation
- Concrete
- Parking Features
- Attached, Paved
- Garage Spaces
- 2
- Elementary School
- W.B. Sweeney
- High School
- Windham
Mortgage Calculator
Listing courtesy of Kyle West from eXp Realty. (860) 712-3723 (866) 828-3951
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