- New Listing
- Price Reduced( $26,000 )
2 8-plexes! 16 large first class apartments built in 2010! Each 2 bedroom with over 1,100 square ft. All units occupied and leased. 11 years remaining on incremental tax rebate from the City of Wilton. Every 6 months when the owner pays property tax the City gives them a rebate check within 45 days. Remaining value on the tax rebate is approximately $242,000. Laundry in each building brings in about 700 - 900 total per month. Most leases go into 2018. All units are the same sq footage and rooms. Apt rents are $650 per month + utilities. Garages rent for $65 mo., most are leased. Buildings have high security including key card entry and security cameras.
Listed By : MIKE SHUGER, WILTON REALTY CO.