40-44 Briarwood , Branford, CT 06405

$4,000,000
  • 40-44 Briarwood , Branford, CT 06405 Main Photo

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New to the Market Active
BEDS33 BATHS18 full SQUARE FEET18,705 MLS#24174057
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Welcome to the Evergreen Court Apartments - an 18-unit brick garden-style community in Branford's thriving shoreline rental market! This well-maintained three-story building features a great unit mix of 15 two-bedrooms and 3 one-bedrooms, with interiors updated throughout the years - bright kitchens, refreshed baths, and modern finishes that command solid Class-B rents! All tenant-paid electric utilities contribute to a lean expense profile and make for a clean, easy-to-operate asset. Find upside ahead through continued unit upgrades, mark-to-market on remaining below-market rents, and the opportunity to add outdoor amenities like a dog park, patio, or resident gathering space. Coin-op laundry, basement tenant storage, and two parking spots per unit round out the appeal! Tenants love the quiet residential setting on over 3 acres, with direct I-95 access, Metro-North Shore Line East rail nearby, and a short drive to New Haven, Yale, and shoreline employment hubs. Plus, it's a mile to the beach and less than two to Branford Green! Branford's historically low vacancy and durable renter base make this a fantastic addition to any portfolio.

40-44 Briarwood | MLS# 24174057

This multi-family property located at 40-44 Briarwood , Branford, CT 06405 is currently listed for sale with an asking price of $4,000,000. Search Branford real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Fully Finished, Full With Walk-Out
Cooling: Wall Unit
Fuel Type: Electric
Heating: Baseboard
Home Style: Units on different Floors
Lot Size: 3.64 Acres
Roof Type: Asphalt Shingle, Gable
Taxes: $24,659
Year Built: 1969

Feature Descriptions

Days on Site: 3
Exterior: Brick
Lot: N/A
Sewer: Public Sewer Connected
Units: 18
Water: Public Water Connected
Waterfront: Not Applicable

Local Schools

High School: Branford
Elementary School: Per Board of Ed

Listed By / Shown By

Listing By

Agency Name: Century 21 AllPoints Realty
Agency Phone: (860) 2632121
Agent Name: Lisa Cozzi

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 12,123.85 per month $8,902.27 Principal & Interest $2,054.92 Property Tax $1,166.67 Homeowner's Insurance

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