multifamily
2,993 SF 3 Family
524 Prospect Street
Torrington, Connecticut 06790
Price
$449,900
Price/SF
$150.32/SF
Building Size
2,993 SF
Lot Size
0.15 acres
Year Built
1910
Units
3
Property Description
Don't miss this exceptional opportunity to acquire a fully occupied three-family Colonial in Torrington. This income-producing property has been meticulously maintained and offers investors immediate cash flow with stable tenancy already in place. The property features three well-appointed residential units, each offering 2 bedrooms and 1 full bathroom, providing a highly desirable layout for tenants, as well as off-street parking. Current gross rental income totals $4,150 per month, delivering consistent revenue from day one. Pride of ownership is evident throughout this well-cared-for property, making it an ideal addition to an investment portfolio or a great option for an owner-investor seeking a low-maintenance asset. With strong rental demand for multi-family housing and a proven income history, this property presents an excellent opportunity to generate reliable returns. Conveniently located near shopping, dining, banks, schools, parks, and major commuter routes, 524 Prospect Street offers both tenant appeal and long-term investment potential.
Additional Details
Zoning
R6
MLS Number
24179633
Property ID
66972ad8-001f-4414-acee-6f9fba5e505b
MLS Information
MLS#: 24179633
Listed by: Berkshire Hathaway NE Prop.
Agent: Jacqueline Ruppert • (203) 510-6403 • jacquelineruppert@bhhsne.com
This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.
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