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227 Main Street

Torrington, CT 06790
  • $449,900
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 170430902
UPDATED: 13 min ago
$449,900
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $90
    $/SQFT
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

Calling all investors this property is a cash cow! Welcome to 227 Main Street, a mixed-use property that has been monetized in every possible way! The gross income is $72,600, and the net operating income is $41,330 per year. The first floor is a freshly updated medical office which is currently rented to 3 clinicians. Enjoy the ease of managing long term, professional tenants. The second floor of the property has 2 residential units that are currently rented. Apt A is approx. 1,100 sf 3-bedroom apartment, Apt C is a 1-bedroom apartment. Below market rents in the apartments provide additional income potential for the new landlord. It doesnt stop there! The 3rd floor walk-up attic has lofty vaulted ceilings. The space is a great storage location, and it may be convertible into additional apartments (subject to buyer due diligence). It doesnt stop there! The brick 3 car garage is rented for $350 per month. If you are looking for a great way to earn extra income from a great investment book your private tour today!

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-10-28T14:10:06.937.
www.frankschiavone.com/homes/121238462
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227 Main Street Torrington, CT 06790

  • Price: $449,900
  • Status: Active
  • Updated: 13 min ago
  • MLS #: 170430902
0
Beds
0
Baths
0
½ Baths
0.24
Acres
5,000
SQFT
$90
$/SQFT
1920
Built
County:
Litchfield
Area:
Torrington
Property Description
Calling all investors this property is a cash cow! Welcome to 227 Main Street, a mixed-use property that has been monetized in every possible way! The gross income is $72,600, and the net operating income is $41,330 per year. The first floor is a freshly updated medical office which is currently rented to 3 clinicians. Enjoy the ease of managing long term, professional tenants. The second floor of the property has 2 residential units that are currently rented. Apt A is approx. 1,100 sf 3-bedroom apartment, Apt C is a 1-bedroom apartment. Below market rents in the apartments provide additional income potential for the new landlord. It doesnt stop there! The 3rd floor walk-up attic has lofty vaulted ceilings. The space is a great storage location, and it may be convertible into additional apartments (subject to buyer due diligence). It doesnt stop there! The brick 3 car garage is rented for $350 per month. If you are looking for a great way to earn extra income from a great investment book your private tour today!
Exterior Features

Construction Description Frame Foundation Type Concrete Lot Description DryLevel Lot Parking Total Spaces 3 Road Frontage Description State RoadPaved Road Roof Information Asphalt Shingle

Interior Features

Cooling System Zoned Heat Type BaseboardGas On GasHot WaterZoned Interior Features Security System

Property Features

Bank Owned Property Yn No Commercial Category OfficeResidential Income Documents Available None Garage Parking Info Detached Garage Handicap Features 32" Minimum Door Widths60" Turning RadiusRamps Heat Fuel Type ElectricNatural GasOil Location DowntownHistoric Area Possession Availability Negotiable Potential Short Sale Yn No Present Use Medical Offices & Residential Property Tax 8168 Sewage System Public Sewer Connected Sign Yn Yes Tenants Number Of 6 Utilities Available ElectricGasTelephoneCable Water Source Public Water Connected Zoning Dd

Listing information © 2021 Smart MLS
Listing provided courtesy of Lou Raven of Exp Realty.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-10-28T14:10:06.937.
 
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