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20 Main Street, Simsbury, CT 06081 Hard to find Simsbury Investment

$1,275,000 $115,909.00 / unit
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081
20 Main Street, Simsbury, CT 06081

For Sale Details

$1,275,000
$115,909.00 / unit
  • Property Type Multifamily
  • Sale Type Investment
  • Buyer's Broker Comp 2.5%
  • Status Active
  • Created 10/19/20
  • Updated 10/21/20

About 20 Main Street, Simsbury, CT 06081

his portfolio consist of three buildings. Building one is an auto repair shop and two apartments. The combined rent for these spaces is $2850 per month. The second building consists of three apartments with a combined monthly rent of $2675. The last building consists of four apartments and a restaurant with a combined monthly rent of $8900.

The total portfolio is 9 apartments, an auto repair shop and a restaurant with a total monthly rent roll of $14,425 and $173,100 per year. All tenants are month to month with the exception of the restaurant with a lease expiring in 2033 (which includes option years), and the auto repair shop which will sign a year to year lease at time of sale of the property.

Building Details

  • Building Area (SF): 10,719
  • Year Built: 1900 - 1950
  • Number of Units: 11
  • Number of Buildings: 3
  • Building Class: C

Land Details

  • Acreage: 1.17

Financial Characteristics

  • Effective Gross Income: $173,100
  • Operating Expenses: $30,342
  • Net Operating Income: $142,757
  • Occupancy Percent: 100%

Documents for 20 Main Street, Simsbury, CT 06081

20-30 Main Income Stmt.pdf 20 - Map.pdf

The Multifamily property at 20 Main Street, Simsbury, CT 06081 is currently available for sale. Contact Evan Berman from Broder Commercial for more information.