Welcome to 82 Blackhall St, AN EXCELLENT INVESTMENT OPPORTUNITY in New London, CT! Investors, take note of this property stabilization opportunity, with the ability to turn this investment into an 8%+ CAP! This multi-family property offers a strategic advantage with one vacant unit, ideal for an owner-occupied buyer who can enjoy the benefits of home ownership while generating rental income. Savvy investors can stabilize the property and increase rental rates for maximum returns. The second floor is leased at $750.00/month on a written month-to-month basis, offering flexibility for the new owner. The second unit tenant is aware they may have to vacate or increase to market rent. All utilities are separate, with natural gas for heating ensuring low electric bills = a cost-effective for your tenants. The first-floor unit features 1-2 bedrooms and an open living/kitchen layout, providing a spacious unit. The second-floor unit offers 2-3 bedrooms, an open living room/kitchen, lwith a walk-up attic for additional storage. Both units have their own deck off the back of the house, offering room for relaxation and enjoyment. The private backyard is fenced in and slopes away from the house, providing a sense of privacy and tranquility within city limits. This is an exceptional opportunity to acquire a fabulous investment with potential for growth and increased returns. Don't miss out on this chance—schedule a viewing today!
Per Board Of EdElementary School
Per Board Of EdHigh School
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