Calling all investors! Perfect opportunity to own a fully renovated 7-unit property in Vernon with a remarkable 8% CAP rate! All you need to do is take over collecting rThis centrally located building offers diverse unit sizes from 1 to 3 bedrooms, with Units 1-2 featuring 1 full bath and 1 bedroom each, Units 3-6 with 3 bedrooms and 1 full bath, and Unit 7 boasting 3 bedrooms and 1.5 baths. The property underwent significant renovation, including new electrical systems and tankless heaters installed in April 2021. Separate utilities are paid by the tenants, and a phone app operated laundry system in the deluxe laundry room provides additional income. The building includes 7 off-street parking spots and passed fire code inspection. This turn-key property is conveniently located blocks from downtown Rockville, close to Talcott Park, Vernon Rails-to-Trails, and various dining and recreation options. Easy access to I-84, the Shops at Buckland Hills, and Shenipsit Lake enhances its appeal. Units feature remodeled eat-in kitchens with stainless steel appliances, hardwood cabinetry, ample storage, and recessed lighting. Energy efficiency is ensured with newer windows and gas utilities, new roof, gutters, while safety is enhanced with hardwired smoke detectors and upgraded electricals. Professionally managed and landscaped. Secure pin-code entry on all exterior doors and allocated off-street parking add to the convenience and safety.
A unique 2 family home offers a 3 bedrooms and 1 bathroom, a large country kitchen with an oven,-range,dishwasher, and refrigerator, pantry, a partially covered deck, and an enclosed porch. In addition, there is a three-room apartment with an oven range and refrigerator.
Vernon is located in Connecticut. Vernon, Connecticut has a population of 29,182. Vernon is less family-centric than the surrounding county with 26.08% of the households containing married families with children. The county average for households married with children is 31.46%.
The median household income in Vernon, Connecticut is $60,648. The median household income for the surrounding county is $81,312 compared to the national median of $57,652. The median age of people living in Vernon is 39.2 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 50.2 inches per year, with 33.4 inches of snow per year.
