11 Dr. Gillette Circle, Westport, CT
Multi-family for Sale - $585,000 - 2,502 Sq. Ft. on 0.35 acres
Property Info
| CIMLS# | 1032674 |
| Location 11 Dr. Gillette Circle Westport CT 06880 | |
| Updated | November 24th, 2018 |
| Type | Multi-family |
| Price | $585,000 |
| Building | 2,502 Sq. Ft. |
| Land | 0.35 acres |
Property Description
Excellent investment opportunity to own a legal 3-family in Westport, CT. Longtime tenants (can deliver building fully leased or month-to-month). New roof, new boiler, some interior updates. Mostly just great professional tenants, super low maintenance building.
Financials
$54k annual rent roll. Owner pays lawn/snow, water and heat. Tenants pay electric. Low Westport taxes of $4.5k per year and low insurance at $2.5k per year make this a great investment over 7% cap rate.
