524 Prospect St, Torrington, CT 06790

$449,900
6
BD
3
BA
2,993
SqFt

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List Price
$449,900
Status
ACTIVE UNDER CONTRACT
MLS#
24179633
Year Built
1910
Bedrooms
6
Bathrooms
3
Acres
0.15
Living Area
2,993
Neighborhood
N/A

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 Information

Taxes
$7,780
Lot Size
6,534
Heating
Hot Water
Cooling System Type
Central Air, Window/Wall
Water Source
Public
Basement
Full
Exterior Features
Porch
Parking Spaces
6
Elementary School
Per Board of Ed
High School
Per Board of Ed

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jacqueline Ruppert from Berkshire Hathaway NE Prop.. (203) 510-6403 (203) 264-2880

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