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$ 425,000
Est. payment /mo
New
238 East Main Street Torrington, CT 06790
7 Beds
4 Baths
2,648 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,648 sqft
Price per Sqft $160
MLS Listing ID 24102525
Style Units on different Floors
Bedrooms 7
Full Baths 4
Year Built 1910
Annual Tax Amount $5,151
Lot Size 7,405 Sqft
Property Sub-Type 4 Family
Property Description
Don't miss this excellent opportunity to own a fully rented 4-unit multifamily property offering solid returns and long-term stability. This well-maintained building includes a diverse mix of units: 1x1BR, 1x1BR+Office Room, 1x2BR+Office room, 1x3BR+Office room; two of the units are equipped with in-unit laundry hook-ups, and current washer/dryer units are tenant-owned. All apartments are currently rented to reliable tenants on leases, ensuring immediate cash flow and low vacancy risk. Located close to major highways in a highly desirable area, the property offers convenience and accessibility. Outside, you'll find ample off-street parking in the rear, a paved driveway, and a shared grilling and entertainment area-a bonus for tenant satisfaction and retention. With an approximate 8% cap rate, this property is a strong investment whether you're looking to expand your portfolio or start one.
Location
State CT
County Litchfield
Zoning LB-R
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Ceiling Fans, Window Unit
Exterior
Parking Features None, Off Street Parking, Unpaved
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Jessica Chavez • Turning Point Realty, LLC