Mixed-use investment property with multiple income streams and strong value-add potential. The property is zoned B-1A and currently configured with two occupied residential units generating income, plus two additional gutted residential units with plumbing in place, ready for build-out. The property also includes a commercial storefront with a separate entrance, offering flexibility for a variety of permitted uses. B-1A zoning may allow for additional residential units, subject to municipal approvals. Additional income opportunities include four dedicated storage spaces, ideal for ECSU students or nearby tenants, two garage bays, and an on-site parking lot, all of which convey with the property. Current NOI is approximately $38,291, with substantial upside through completion of the two remaining residential units. Property is being sold as-is. Rent roll and financials available upon request.
This Large 3 Family has great income potential. With 9 total bedrooms and over 4,000 square feet of living space. Located in the heart of Willimantic on over a half acre with tons of Victorian Charm. Walking distance to ECSU, downtown Willimantic and The Willimantic Food Co-op.
Windham is located in Connecticut. Windham, Connecticut has a population of 24,480. Windham is less family-centric than the surrounding county with 19.51% of the households containing married families with children. The county average for households married with children is 25.48%.
The median household income in Windham, Connecticut is $49,528. The median household income for the surrounding county is $71,418 compared to the national median of $69,021. The median age of people living in Windham is 32.2 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 14.9 degrees. The average rainfall is approximately 50.5 inches per year, with 33.4 inches of snow per year.
