Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 4
Pets: Pets Unknown
Area: 2710 sq ft

Financials

Price:$599,000
Annual Taxes:$8,792
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Tammy Powling of Coldwell Banker Realty

Description

Rare opportunity to acquire a fully occupied 4-unit asset in the heart of Simsbury-one of Connecticut's most desirable and stable real estate markets. This income-producing property features two side-by-side two-family homes on a single lot, each offering one 1-bedroom and one 2-bedroom unit, ideal for consistent rental demand and portfolio diversification. One building underwent a full gut renovation in 2020-2021, including upgraded systems and finishes, reducing future capital expenditures. With modern kitchens and bathroom, updated flooring, abundant natural light -rare and highly appealing to quality tenants. Set on just over half an acre, the property includes a spacious backyard, ample off-street parking, and a shared driveway. Tenants enjoy not only the functional amenities but also the lifestyle perks of living in Simsbury-a classic New England town known for its scenic farms, historic homes, hiking, rail-to-trail bike paths, and two local golf courses. This location offers a convenient commute to Granby, Bloomfield, and Avon, enhancing its appeal for working professionals and families. Simsbury has been ranked among the top places to live in CT . Demand for rentals in this area remains strong-and opportunities like this are rare.

Amenities

  • Deck
  • Elementary School - Tariffville
  • High School - Simsbury
  • Intermediate School -
  • Porch
  • Sidewalk
  • Window Unit

Rare opportunity to acquire a fully occupied 4 unit asset in the heart of Simsbury one of Connecticut's most desirable and stable real estate markets.


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