List Price

$549,900

Status

Active

Type

Multi-Family

Beds

8

Baths

4

Sq. Ft.

2,400

Built

1900

Acres

0.15

$ / Sq. Ft.

$229

FeeKeeper

20

Style

Units on different Floors

Taxes

$4,362

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

Attention investors and owner-occupants! Welcome to 205 Shaw Street, a 4-family property offering immediate cash flow with an 8 CAP and potential to stabilize at an impressive 9.5 CAP. This prime value-add opportunity features three occupied units. All four units have been updated: Two units with partial upgrades (new flooring and bathroom updates) and two units with complete, beautiful renovations featuring brand-new vinyl flooring, stainless steel appliances, and modern finishes, appealing to today's renters. Located in a high-demand area with steady rent growth, it's just 3 miles from the Groton Submarine Base, local beaches, and universities, and only a 15-minute commute to Electric Boat. Situated one block from a brand-new luxury apartment complex, this property guarantees strong rental demand. Whether you're looking to build your portfolio or live mortgage-free with rental income covering your expenses, 205 Shaw Street is a rare opportunity to own a cash-flowing asset in a thriving market. This gem won't last-lock it in today!

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You Keep The Fee

Estimated rebate calculated using List Price and co-broker commission offered on the MLS. Realtor commission rebates are not available where prohibited by law. See full Terms and Conditions .

$13,748

Commission structure not available, using default of 2.5%

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Questions

FeeKeeper is here to help, reach out with any questions you may have.

(860) 310-1255

Brokered By

Micah Bailey, Alpha Capital Realty, LLC

  • Last Checked 1 Minute
  • Last MLS Update 16 Days

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