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33 Deep River Road
Essex, CT 06409
Asking Price
$829K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Incredible Investment Opportunity! <p><span style="color: rgba(0, 0, 0, 1)">Incredible investment opportunity. Mixed use/flex space including two existing apartments. Historic building that has had multiple uses including an antique book store and once a brush factory. Many updates in recent years with a variety of potential uses. Level .74 acre lot, gravel parking lot, great visibility and signage. The owner of this property for the last 40 years has not had any flooding issues. The property is in a flood zone, there is no exist
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NOI
$80,000
Cap Rate
9.65%
DSCR
1.63
Strong
Cash-on-Cash
12.38%
Monthly Payment
$4,101.44
Annual Cash Flow
$30,782.724