238 East Main
Torrington, CT 06790

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 7 BR
Bathrooms: 4
Pets: Pets Unknown
Area: 2648 sq ft

Financials

Price:$425,000
Annual Taxes:$5,151
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Jessica Chavez of Turning Point Realty, LLC

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.

Amenities

  • ceiling fan
  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Window Unit

Don't miss this excellent opportunity to own a fully rented 4 unit multifamily property offering solid returns and long term stability.


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