HomesCondosMultisRentalsCommercialLand
14 Park, Thomaston, CT 06787
   
14 Park, Thomaston, CT 06787
INVEST,RETAIL,OTHER | Church,Retail,Salon, Day Care | 13,093 Sqft

$650,000
107 Days on Market - Active


Great investment opportunity to start your own portfolio with your very own strip mall! owner financing available at 5% interest rate, (below current market rates), if all other terms are successfully negotiated! located in historic downtown thomaston, this property's tenants currently include: day care center, salon, church, office & carpet business. fully occupied! all rents up to date. 3 units with leases increase 3% each year. remaining 2 units have: 1 unit - 6 month lease (apr - nov) & 1 unit is month to month! new roof in 2022. a portion of the parking lot was once approved to put another building on it, possibility to be approved again, check with the town. building & front of parking lot only included at this price. full parking lot could be included, depending on offer terms. see financials in attachments. building offers central air, gas heat & seperate hw heaters, owner's meter. just step right in and take over. please do not approach tenants, all appointments to be scheduled through showingtime with 24 hours notice. listing agent must be present for all showings.

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Details
  • 5 Units
  • 1.05 Acres
  • Built in 1900

Sqft
  • 13093 Total Sqft

Parking
  • 0 Total Spaces

Location
  • Level Lot
  • TOWN

Business

    Financials
    • $77,733 Gross Income
    • $35,485 Net Income
    • $42,249 Expenses

    Utilities
    • Hot Air
    • Natural Gas
    • Central Air
    • Public Water
    • Public Sewers

    Taxes
    • $341,460 Assessment
    • 33.63 Mill Rate
    • $11,483 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170624614

    Real Estate Agent


    Map of 14 Park, Thomaston, CT 06787

    Directions to 14 Park, Thomaston, CT 06787
    GPS Friendly. Building behind Patti's Place. Park in parking lot or on street

    Go To Google Maps for Directions


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 6.95%   |   Purchase: $650,000   |   Downpayment @ 20.00%: $130,000

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $4,399


    Monthly Cost Estimate: $4,399
    • Mortgage: $3,442
    • Taxes: $957
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $52,789
    • Mortgage: $41,306
    • Taxes: $11,483
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $1,713,656
    • Mortgage: $1,239,166
    • Taxes: $344,490
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $130,000

    Go To Mortgage Calculator

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    This real estate listing for sale at 14 Park is presently used as with 13093 total sqft and was built in 1900. It is located in the Thomaston, CT area with the 06787 zip code. For more info about the property at 14 Park, Thomaston, CT 06787 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.