Property Description
Excellent investment opportunity in Glastonbury. 160 Oak Street, Unit 1H is a commercial condo occupied by a long-term driving school tenant, making it an attractive option for an investor seeking steady income, minimal day-to-day management, and a relatively low price point for entry into commercial investment ownership. The property generates $11,914 net income, with the tenant paying all utilities and covering the first $1,000 in repairs. The owner is responsible for taxes, insurance, and monthly association charge of $234.94, which include water, sewer, and restrooms. Strong tenant, long-term lease, dependable income, and an accessible entry price make this a solid addition to an investment portfolio.
Features
- Heating System:
- Hot Air
- Cooling System:
- Central Air
- Heat Fuel Type:
- Natural Gas
- Exterior Features:
- Sidewalk
- Flooring:
- Wall-to-wall Carpet
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 4
- Location:
- Highway Access, Suburban, Industrial Park, Office Park
- Lot Description:
- N/a
- Water Source:
- Public Water Connected
Address Map
- Street:
- Oak
- Street Number:
- 160
- Floor Number:
- 0
- Longitude:
- W73° 24′ 34.1”
- Latitude:
- N41° 42′ 37”
MLS Addon
- Office Name:
- Coldwell Banker Realty
- Agent Name:
- Mike Rethis
- List Agent MLSID:
- 852286
- List Office MLSID:
- CBRB09
- Tax Year:
- July 2025-June 2026
- Directions:
- GPS
- HOA Fee Amount:
- $239
- HOA Fee Frequency:
- Monthly
- Parcel Number:
- 573724
- Property Tax:
- $2,656
- Unit Number:
- 1H
- Zoning:
- PI
Commercial For Sale
160 Oak, Glastonbury, 06033
0 Bedrooms
0 Bathrooms
880 Sqft
$165,000
Listing ID #24169046
Basic Details
- Property Type :
- Commercial For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24169046
- Price :
- $165,000
- Bedrooms :
- 0
- Baths Total :
- 0
- Bathrooms :
- 0
- Half Bathrooms :
- 0
- Square Footage :
- 880 Sqft
- Year Built :
- 1986
- Lot Area :
- 0 Acre
- City:
- Glastonbury
- Zipcode:
- 06033
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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