8 SHEEPHILL RD
GREENWICH, CT 06878
$1,199,000
4 Beds
3 Baths
2,000 Sq Ft
Status Pending
MLS# 24009699
HIGHEST AND BEST BY 4/23/24 AT 5 pm. Welcome to a truly rare find - a unique 2-family home offering 4 separate incomes! This exceptional property presents a lucrative investment or owner occupant opportunity in a prime location, boasting not only two well-maintained residential units but also an additional building currently housing a successful restaurant, along with a detached 2-car garage that is already rented out for $400/mo. Each 2 bed 1 bath residential unit within the main house is currently occupied by excellent tenants and has been impeccably maintained, ensuring a steady stream of rental income. The additional building, currently home to a successful restaurant, adds an exciting dimension to this investment, providing a diverse income stream to the astute buyer. This property also offers ample room for increasing rental income, making it an enticing prospect for those seeking to maximize their return on investment. Conveniently set in a prime location, you'll have easy access to essential amenities, schools, shopping, and more. Additionally, there may be a possibility to build another structure in place of the restaurant and garage. Buyer to do their own due diligence with zoning. Whether you are an experienced investor, developer, or owner-occupant looking to offset monthly payments with rental income, this property presents an exceptional opportunity to achieve your financial goals. Current rent role is $6,500/mo. Recent rental activity would justify total rents of $8,000+/mo. Yearly expenses average $23,000. The garage is currently rented for $400/month. 1st floor lease expires September 30 2024. 2nd floor lease expires July 31 2024. Restaurant and garage are month to month.
Details for 8 SHEEPHILL RD
$600 / Sq Ft
6 parking spaces
Hot Water
63 Days on website
0.21 acres lot