$570,000
$529,900
7.6%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
5 Baths
4,954 SqFt
SOLD DATE : 08/26/2024
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,954 sqft
Price per Sqft $115
MLS Listing ID 24029243
Sold Date 08/26/24
Style Units on different Floors,3updown - Unit(s) per Floor
Bedrooms 14
Full Baths 5
Year Built 1900
Annual Tax Amount $7,592
Lot Size 0.460 Acres
Property Description
ATTENTION INVESTORS: Turnkey 5-unit income producing property in the west end of town! This property features a 2-family home with two 3-bedroom apartments, a 3-family home with a 2 bedroom apartment and two 3-bedroom apartments, plus a 3-car carport. Plenty of off-street parking. All tenants pay their own utilities. Property is currently at an 8.1% CAP rate with potential for a 10%+ CAP rate at fair market rents with some improvements!
Location
State CT
County Litchfield
Zoning R6
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Gas on Gas, Wall Unit
Cooling None
Exterior
Garage Carport, 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
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 Michelle Grant • Coldwell Banker Premier Real Estate
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Broker | REB.0791464