Property Description

Discover an excellent mixed-use investment opportunity located in the heart of Torrington at 482 Main St. This well-positioned property offers a versatile combination of income-producing space with two street level commercial units and eight residential apartments, providing a strong foundation for both current cash flow and future upside. The building features a classic brick exterior, center hallway design, newer gas and electrical meters, and the convenience of coin-operated laundry facilities on each floor for tenant ease and added income potential. Off street parking provides valuable city convenience for residents and occupants. In addition, the property offers the possibility of creating two additional rental units, subject to town approval, allowing an investor to further enhance value and maximize the building's potential. This property's location, benefits from proximity to shopping, services, restaurants, and local amenities, making it an attractive opportunity for investors seeking a multi-family asset with commercial appeal and room for growth.

Property Features