Sold

405-413 S Main Street, Torrington, CT 06790

Beds
2
Sqft
9,800

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRegions Real Estate Advisors
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Overview

List price is starting bid at TenX live bid on 3/3 Southgate presents an easily accessible two-story, 10-unit apartment building just outside of one of Torrington's amenity-rich retail corridors. Excellently situated at 413 S Main Street, this multifamily asset is west of the Naugatuck River within a cozy small city in Connecticut positioned 27 miles from Downtown Hartford. The building stands at 9,606 square feet and features on-site surface parking. This fully occupied property is primed for a new investor seeking to add a lucrative acquisition to their portfolio for passive and consistent income. 6 of the large one bedroom units can be divided to create 2 bedroom units leading to significantly increased rent and upside. Rents are far below allowable rent leading to significant upside although can accommodate market rents. 8 unit building is also zoned as condominium and can be sold off separately in the future. Washer and dryer in every unit.

Location

Full feature list

Basic info

Number of bedrooms
2
Square feet
9,800
Lot size (acres)
1
Year built
1988

Interior features

Basement
Yes

Utilities

Heating
Electric, Baseboard
Cooling
Window unit(s)
Sewer
Septic tank
Water
Public

Taxes

Tax Annual Amount
$12,111

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Smart MLS MLS®#: 24070899 Last checked:

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.