ATTENTION INVESTORS ! Turnkey 5 unit income producing property in the desirable north end of town with a 7.
| Website: | https://www.nestseekers.com/5331480 |
|---|---|
| Address: | 243 North Elm Torrington, CT 06790 |
| Ownership: | Multi-Family |
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| Type: | Multi-Family |
| Bedrooms: | 15 BR |
| Bathrooms: | 5 |
| Area: | 5755 sq ft |
Financials
Price:$975,000
Annual Taxes:$14,774
Description
ATTENTION INVESTORS! Turnkey 5-unit income-producing property in the desirable north end of town with a 7.25% cap rate! This fully occupied AND FULLY UPDATED multi-family includes one spacious 2-bedroom unit, three well-designed 3-bedroom units, and one 4 bedroom unit all with functional layouts. Recent upgrades include a new heating system and water heaters (2021), a newer roof, updated heating systems, and many replaced windows, ensuring minimal maintenance. The basement features newly added laundry and storage areas for tenant convenience. Additionally, the property comes with a SEPERATLY DEEDED LOT, currently serving as a large parking area, offering extra value and future potential. Don't miss this opportunity! All utilities are separate!
Amenities
- Elementary School - Per Board of Ed
- Gutters
- High School - Per Board of Ed
- Intermediate School -
- Lighting
- Sidewalk
- Thermopane Windows
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Chris Carozza of RE/MAX Right Choice | |