63 Hoffman St, Torrington, CT 06790

$570,000
14
BD
5
BA
4,954
SqFt

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Sold Price
$570,000
List Price
$529,900
Status
CLOSED
MLS#
24029243
Closing Date
Aug 26, 2024
Year Built
1900
Bedrooms
14
Bathrooms
5
Acres
0.46
Living Area
4,954
Neighborhood
N/A

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!

Additional Information

Taxes
$7,592
Lot Size
20,037
Heating
Baseboard, Natural Gas, Wall Furnace
Cooling System Type
None
Water Source
Public
Basement
Full, Unfinished
Garage Spaces
3
Parking Spaces
10
Elementary School
Per Board of Ed
Middle School
Per Board of Ed
High School
Per Board of Ed

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Mike Gregor from Cohen Agency SiM, LLC.

Selling Office: Coldwell Banker Premier Real Estate.

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