25 Center Street Under Contract

Torrington,CT 06790

$ 375000

7 Beds

0 Bath

3011 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,011 sqft

Price per Sqft $124

MLS Listing ID 24055844

Style 3updown - Unit(s) per Floor

Bedrooms 7

Year Built 1920

Annual Tax Amount $4,605

Lot Size 3,920 Sqft

Property Description

Great turn-key investment opportunity available to both primary homeowners, as well as investors. This 3-family property has a very strong rent roll and a vacant unit, making this a great opportunity for a primary homeowner. This property yields a 15% return at full market values, amounting to a net profit of $22,000 per year. There are two 3-bedroom units and one 1-bedroom unit. The high bedroom counts provide significant upside in lease up. All units are in good condition, with the 3rd floor one bedroom unit having just been beautifully renovated. The property also features updated electric panels, off-street parking, and a BRAND NEW ROOF, with tenant paid utilities. FHA eligible.

Location

State CT

County Litchfield

Zoning DD-R

Rooms

Basement Full

Interior

Heating Hot Water

Cooling None

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Masonry

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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