Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

452 East St 8 Unit Apartment Building $1,380,565 CAD ($172,571 CAD/Unit) 7.20% Cap Rate Plainville, CT 06062

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Amazing 8 unit opportunity in the desirable Plainville market!
  • Prime location close to shopping, dining, and major routes, this property is both a stable income producer and a strong growth opportunity.
  • 2 buildings on 1 lot - this property offers a versatile mix of spacious studios, 1-bedroom apartments, and one commercial tenant.

EXECUTIVE SUMMARY

Amazing 8 unit opportunity in the desirable Plainville market! 2 buildings on 1 lot - this property offers a versatile mix of spacious studios, 1-bedroom apartments, and one commercial tenant. The property has ample off-street parking, a partially finished basement with future opportunities to explore and is well-located with easy access to everything the area has to offer. Several units have been recently updated with high-end finishes, providing an excellent base and opportunity to add value by bringing other units up to market rates. With tenant-paid electric utilities and a prime location close to shopping, dining, and major routes, this property is both a stable income producer and a strong growth opportunity. Don't miss your chance to own a well-positioned asset in an unbeatable location!

PROPERTY FACTS

Price $1,380,565 CAD
Price Per Unit $172,571 CAD
Sale Type Investment or Owner User
Cap Rate 7.20%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 8,000 SF
No. Stories 2
Year Built 1950
Parking Ratio 2.31/1,000 SF
Zoning GC

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PLAI-000042-M000000-000001
Land Assessment
$299,337 CAD
Improvements Assessment
$156,074 CAD
Total Assessment
$455,411 CAD
  • Listing ID: 37619836

  • Date on Market: 2025-09-10

  • Last Updated:

  • Address: 452 East St, Plainville, CT 06062

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}