BEDS6
BATHS3 full
SQUARE FEET2,993
MLS#24179633
STATUSUnder Contract - Continue to Show
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Cooling: Central Air, Window Unit
Fuel Type: Natural Gas, Oil
Heating: Hot Water
Home Style: Units on different Floors
Lot Size: 0.15 Acres
Roof Type: Asphalt Shingle
Taxes: $7,780
Year Built: 1910
Feature Descriptions
Days on Site: 49
Exterior: Vinyl Siding
Exterior: Porch
Lot: Level Lot
Parking Spaces: 6
Sewer: Public Sewer Connected
Units: 3
Water: Public Water Connected
Waterfront: Not Applicable
Local Schools
High School: Per Board of Ed
Elementary School: Per Board of Ed
Listed By / Shown By
Listing By
Agency Name: Berkshire Hathaway NE Prop.
Agent Name: Jacqueline Ruppert
Agency Phone: (203) 264-2880
Shown By
Agency Title: Bain Real Estate
Agency Phone: (860) 927-4646
Estimate Your Payment
Estimated Payment
$ 1,780.84 per month $1,001.28 Principal & Interest $648.33 Property Tax $131.22 Homeowner's Insurance
524 Prospect | MLS# 24179633
This multi-family property located at 524 Prospect, Torrington, CT 06790 is currently listed for sale with an asking price of $449,900. Search Torrington real estate on www.bainrealestate.com today.