408 High St, Torrington, CT 06790
- $420,000
- 7
- BD
- 3
- BA
- 2,823
- SqFt
- Sold Price
- $420,000
- List Price
- $399,900
- Status
- CLOSED
- MLS#
- 24081631
- Closing Date
- May 13, 2025
- Year Built
- 1920
- Bedrooms
- 7
- Bathrooms
- 3
- Acres
- 0.24
- Living Area
- 2,823
- Neighborhood
- N/A
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!
Additional Information
- Taxes
- $5,463
- Lot Size
- 10,454
- Heating
- Baseboard, Hot Water, Wall Furnace
- Cooling System Type
- None
- Water Source
- Public
- Basement
- Full, Unfinished
- Garage Spaces
- 3
- Parking Spaces
- 7
- Elementary School
- Per Board of Ed
- Middle School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Mike Gregor from Cohen Agency SiM, LLC.
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