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Property profile & analytics
OFF-MARKET
Dormitories

359 Salmon Brook St Granby, CT 06035

3,099 SF 0.53 ac lot Built 1927
Property ID
US15-0458463
Property summary
AI-generated overview

This exceptional three-unit apartment building, ideally situated at 359 Salmon Brook Street in Granby, Connecticut, presents a compelling investment opportunity. Boasting 3,099 square feet of net rentable space across three stories, this 1927-built property offers seven bedrooms and three bathrooms, currently enjoying 100% occupancy with a June 7, 2024 occupancy date. The building sits on a 0.53-acre lot and is zoned R30, providing ample space and flexibility. With abundant parking (20 spaces), this property is conveniently located with excellent highway access. The attractive exterior enhances curb appeal. The asking price is $395,000, translating to $127.46 per square foot and $131,667 per unit. Annual property taxes are $6,200. Note: This property is being sold with the adjacent Cambridge House Brew Pub. The building includes a detached 3,099 square foot garage and a total of 16 rooms. This is a unique owner/user opportunity combining residential and commercial potential. The property is a free-standing building.

Property profile
Verified
Property type Dormitories
Year built 1927
Total area 3,099 SF
Lot 0.53 ac (23,087 SF)
UPID US15-0458463
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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