59-65 Maple Street, Chester, CT 06412
59-65 Maple Street, Chester, CT 06412
59-65 Maple Street, Chester, CT 06412
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Meghan Hess

Meghan Hess

+1(413) 575-7865
$1,995,000
Est. payment /mo
7 Beds
7 Baths
8,500 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Under Contract

Purchase Type For Sale

Square Footage 8,500 sqft

Price per Sqft $234

MLS Listing ID 24170551

Style Units on different Floors,Units are Side-by-Side

Bedrooms 7

Full Baths 7

Year Built 1975

Annual Tax Amount $12,447

Lot Size 2.560 Acres

Property Sub-Type 5 Family+

Property Description

A stabilized apartment complex just one half mile from the picturesque downtown of Chester, CT. This property features a strong CAP ex profile including a new roof, electrical service, and well water treatment system. A 6% CAP rate is projected at entry assuming fully burdened vacancy, maintenance, and management figures. Each unit pays their own electric bill which includes the cost of heat and hot water. The owners pay for the dumpster, well water and treatment, the common electric bill, taxes, and insurance. Three of the seven residential units in the main building have washer and dryer hookups and there is off street parking for all units. A 1,500 square foot warehouse is positioned along the driveway at the base of the hill.

Location

State CT

County Middlesex

Zoning PRD

Rooms

Basement Full

Interior

Heating Baseboard

Cooling None

Exterior

Parking Features Detached Garage, Driveway

Garage Spaces 1.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Treed

Foundation Concrete

Sewer Septic

Water Public Water Connected, Private Well

Schools

Elementary Schools Chester

High Schools Per Board Of Ed

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Listed by Connor Wenchell • VC Property Group, LLC

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