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$325,000
Est. payment /mo
5 Beds
3 Baths
2,357 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,357 sqft
Price per Sqft $137
MLS Listing ID 24220236
Style Units on different Floors
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $6,324
Lot Size 6,534 Sqft
Property Sub-Type 3 Family
Property Description
Three-family investment opportunity at 34-38 Wolcott Avenue in Torrington, offered at $325,000. Featuring two 2-bedroom units and one 1-bedroom unit, this property offers existing rental income with additional upside through improvements and potential market rent adjustments. Unit 34 is occupied at $1,225 per month, Unit 36 is occupied at $1,200 per month, and Unit 38 is vacant and in need of turnover. Current scheduled rents total $2,425 per month from the two occupied units, with the potential for additional income once the vacant unit is renovated and rented. The property features vinyl siding, two levels of covered front porches, multiple entrances, and off-street parking. An opportunity for investors looking to expand their portfolio, address deferred maintenance, and work toward market-level rental income. Property is being sold strictly as-is, with all existing contents to remain.
Location
State CT
County Litchfield
Zoning R6
Rooms
Basement Full
Interior
Heating Radiator
Cooling None
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Mustafa Muaremi • Coldwell Banker Realty
NEARBY SCHOOL & BUSINESS
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