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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in North Grosvenordale, CT
$ 275,000
ROI
22.7
Cash Flow/m
224- 4 Bed
- 2 Bath
- 2040 sft
987 Riverside Drive, North Grosvenordale, CT, 06255
$ 274,900
ROI
27.5Cash Flow/m
593- 5 Bed
- 2 Bath
- 2040 sft
981 Riverside Dr, North Grosvenordale, CT, 06255
$ 299,900
ROI
20.7Cash Flow/m
79- 6 Bed
- 2 Bath
- 2040 sft
983 Riverside Drive, North Grosvenordale, CT, 06255
Currently Rented
Fix & Flip
Rental Income
$ 225,000
ROI
27.9Cash Flow/m
511- 6 Bed
- 2 Bath
- 2094 sft
37 Buckley Hill Road, North Grosvenordale, CT, 06255
Why Invest in North Grosvenordale, Connecticut?
Investing in multifamily properties in North Grosvenordale, CT, offers attractive prospects due to the area's steady rental demand and strong community growth. Local investors can benefit from a competitive rental yield, which reflects the region's increasing popularity and economic stability. With a growing number of developments, investors might find promising opportunities that yield positive cash flow.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in North Grosvenordale is approximately $1,500 per month. This can vary depending on the property type and location.
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