29 E Haddam Rd

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29 E Haddam Rd

Salem, CT 06420
Asking Price
$211K
Asset Type
Creative Office Land
Class
Class B

What's Special

<p><em>Commercially Zoned with a 364 sq ft building on the property. Currently used as an office w/security cameras & all appliances remain. There are Town Approved Plans for adding a bathroom to the structure PLUS Town Approved Plans for a septic system and a well. Building does NOT currently have any plumbing. Septic & well plans are available as well as an approved addition.</em></p>

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NOI
$80,000
Cap Rate
37.91%
DSCR
6.39
Strong
Cash-on-Cash
106.59%
Monthly Payment
$1,043.913
Annual Cash Flow
$67,473.046

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