$420,000
$399,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
408 High Street Torrington, CT 06790
7 Beds
3 Baths
2,823 SqFt
Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,823 sqft
Price per Sqft $148
MLS Listing ID 24081631
Sold Date 05/13/25
Style Units on different Floors,3updown - Unit(s) per Floor
Bedrooms 7
Full Baths 3
Year Built 1920
Annual Tax Amount $5,463
Lot Size 10,454 Sqft
Property Sub-Type 3 Family
Property Description
Turnkey fully rented 3-family home with a 3 car detached garage, plus oversized heated workshop! This solid property features a 3 bedroom, 1 bath unit on the 1st floor, plus 2 bedroom, 1 bath units on the 2nd and 3rd floors. Plenty of off-street parking and conveniently located just minutes to downtown restaurants, shopping, and highway access. Property is being sold "as-is". Current rents are considerably below fair market rent and the property has the potential for a generous 10.3% CAP rate at pro-forma rents!
Location
State CT
County Litchfield
Zoning R6
Rooms
Basement Full, Unfinished, Full With Hatchway
Interior
Heating Baseboard, Hot Water, Wall Unit
Cooling None
Exterior
Parking Features Detached Garage, Paved, Parking Lot, Off Street Parking
Garage Spaces 3.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Lightly Wooded, Level Lot
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Toni Osterhout • Elite Realty