Waterford, Connecticut 06385
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.
On market 128 days
30-year fixed. Includes taxes and HOA dues; estimates only.
Map location is based on the property address.
Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: THAM60.
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Commercial
Waterford, Connecticut 06385
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