567 Vauxhall Street Extension, Waterford, CT 06385

Professional office suite located in the Waterford Professional Building. Suites 304, 305, 306 are approximately 1,008 SF and are comprised of 4 offices, waiting area, 1/2 bathroom, & a small supplies area. The suite can be accessed via elevator or stairs. Three of the offices are leased, the 4th office is being used as storage. There 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.