25 Center Street Under Contract Save Request In-Person Tour Request Virtual Tour
Torrington,CT 06790
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