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500 Purdy Hill Road #6 Monroe, CT 06468
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Key Details
Sold Price $179,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,042 sqft
Price per Sqft $172
MLS Listing ID 170266815
Sold Date 11/19/20
Year Built 1984
Annual Tax Amount $2,462
Property Description
8.8% Cap Rate Investment Property! Own a piece Charberry Square Professional Office Condominiums for this low-low price! This 100% occupied professional office suite is new to the market. Financial Advisory Company tenant in place with 2 years left on their lease. Tenant pays $1300 per month and would like to stay beyond lease. Common charges are $381.50 per month, taxes are $2230 annually. Tenant pays for their own electric through Eversource. Private driveway entrance leads to private parking lot. Quiet location with views of farm in rear and side of property. Just 1 street from Rte 25 near Duchess Restaurant. Central location in Monroe to Rte 25, 2 miles to Rte 111 and even North Monroe towards Newtown. Two units available in complex for sale, one with tenant with a lease (this one) and one without (#6).
Location
State CT
County Fairfield
Zoning B1
Interior
Heating Heat Pump, Zoned
Cooling Central Air
Flooring Wall-to-Wall Carpet
Exterior
Exterior Feature Door Sign, Gutters, Lighting, Pole Sign, Sidewalk, Storage Building
Parking Features Paved, Unassigned Parking, Parking Lot
Utilities Available Electric, Gas, Telephone, Cable
Roof Type Asphalt Shingle
Building
Lot Description Dry, Level Lot, Sloping Lot
Story 1
Foundation Block
Sewer Septic
Water Private Well
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Bought with Joe Kapell • Re/Max Right Choice