6 days on market
Under Contract
More about this Property

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25 Center Street, Torrington CT 06790

Current Price: $375,000

7 beds 0 baths 3011 sq. ft

Last Update: 11/21/2024

Property Type: Multi-Family For Sale

Public Remarks

Great turn-key investment opportunity available to both primary homeowners, as well as investors. This 3-family property has a very strong rent roll and a vacant unit, making this a great opportunity for a primary homeowner. This property yields a 15% return at full market values, amounting to a net profit of $22,000 per year. There are two 3-bedroom units and one 1-bedroom unit. The high bedroom counts provide significant upside in lease up. All units are in good condition, with the 3rd floor one bedroom unit having just been beautifully renovated. The property also features updated electric panels, off-street parking, and a BRAND NEW ROOF, with tenant paid utilities. FHA eligible.

Map to Property at 25 Center Street, Torrington CT 06790


25 Center St, park street side

Residential Property Information for 25 Center Street, Torrington CT 06790

MLS #: 24055844

Style: 3updown - Unit(s) per Floor

Color:

Total Rooms:

Bedrooms: 7

Bathrooms: 0

Acres: 0.09

Year Built: 1920 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $4,605

Zoning: DD-R

Mil Rate:

Assessed Value: $96,000 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 3011; below grade sq feet total is ; total sq ft is 3011

Features
Fireplaces: 0
Basement Desc.: Full
Exterior Siding: Vinyl Siding
Foundation: Masonry
Roof: Asphalt Shingle
Garage/Parking Type: None
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Occupied: Tenant
Utility Information

Hot Water System Upright Tank

Heat Type: Hot Water

Fueled By: Electric.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $375,000

Original List Price: $375,000

DOM: 6

Listing Date: 10/24/2024

Last Updated: 11/5/2024 7:11:14 PM

Expected Active Date: 10/30/2024

Listing Agent and Broker

List Agent Name: Anthony Velez

List Office Name: Realty Exclusive LLC