567 Vauxhall Street Extension #SUITE 304, 305, 306 Photo 1

567 Vauxhall Street Extension #SUITE 304, 305, 306 Photo 2

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567 Vauxhall Street Extension #SUITE 304, 305, 306

Waterford, CT 06385

$79,000 PRICE
0/1 Baths
1,008 Sqft
$479 HOA
1985 Built
$78 Price/Sqft

Professional office suite located on the 3rd floor of Waterford Professional Building that is accessed via an elevator or stairs. Approximately 1, 008 SQ FT comprised of 4 offices, waiting area, 1/2 bathroom, & a small supplies area. Three of the offices are leased, the 4th office is being used as storage. Their is a shared waiting area. Monthly condo association fee is $479.00, real estate taxes are $105 monthly or $1, 264.00 yearly. The landlord states the monthly expenses total $584.00, tenants pay for their own electricity. Water is included in the condo association fee. Monthly rental income is $1, 450.00, net monthly income is $866.00, annual income is $10, 392.00. Listed for sale at $79, 000.00, owner states a 13% Cap Rate. Since the offices are occupied all showings must be scheduled in advance.

Additional Information

ADDITIONAL INFORMATION

AREA TYPE: Highway Access, Office Park, Other
ASSOCIATION FEE / FREQUENCY: $479.00 / Monthly
IS OCCUPIED?: Tenant
LIVING AREA SQFT: 1,008
NEIGHBORHOOD: Quaker Hill
PRESENT USE: Office
PROPERTY TAX: $1,264
ROAD FRONTAGE DESCRIPTION: Municipal Street
SEWER: Public Sewer Connected
TAX AMOUNT: $1,264
UNIT NUMBER: Suite 304, 305, 306
UTILITIES AVAILABLE: Electric
YEAR BUILT: 1985
ZONING: C-G

INTERIOR FEATURES

AIR CONDITIONING: Wall Unit
COOLING: Wall Unit
HALF BATHS: 1
HEAT: Wall Unit
LIVING SQFT SOURCE: Owner
TOTAL BATHS: 1

EXTERIOR FEATURES

ROOF: Flat

Listing Courtesy of Erik Mills (860.912.8298) of U.S. Properties Real Estate Services, Llc (860.437.0101).

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Waterford

Shoreline, Connecticut

Surrounded on three sides by water, Waterford is a haven for beachgoers, boaters and foodies, and economic, cultural and scenic attractions are top-notch in this bustling suburban town.

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