Description
3780 Whitney Avenue in the most desirable Carmel area encompasses .66 of an acre and within only a few minutes of Quinnipiac University. It’s in the T3 Zone which allows for Office, Professional, Multifamily, Rental, and Single family usage. Presently the Public Records show it as a 4-Unit usage now. Within its past it was also used as an office and most recently Student housing. 7 bedrooms, 2 and a half baths. Currently rented to students until May 31, 2023. Rental income is 5,600 per month. Listing price is at approximately 10% cap rate at present monthly rent. It has approximately 20 plus parking spaces. Don’t let this wise investment slip through your fingers! Owner will consider some financing at a low, low, interest rate of 5%.
Location
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Listing Agent: Jim Troy Courtesy of: Independent Realtors 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 2022 SmartMLS, Inc. Updated: 20th March, 2023 12:40 PM (UTC)
