25 Noyes Ave Pawcatuck Stonington, CT 06378

Great opportunity to own a three family home close to downtown Westerly and only a short distance to the areas beaches and attractions. Currently owner occupied, this property generates $19,200 a year, far below market. Tremendous opportunity to add value to this property and see cash flow increase to $40,800 a year. Current rent/market = Unit 1: owner/1,000 Unit 2: 800/1,200 Unit 3: 800/1,200. Also, potential to combine 3rd unit with unfinished top floor to provide additional living space. Roof, hot water heaters, furnace, electrical panels, exterior paint, have all been done within the past 8 years. Home is connected to city gas/water/sewer. Separate entrances, utilities, and off street parking.