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Sold on 10/29/2025
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47 Commerce Ave, Killingly, CT 06239

  • $485,000

    Last sold 10/29/2025 after 105 Days

  • 8

    bed

  • 5

    bath

  • 4,400

    Sqft ($110/Sqft)

Multi-family not for sale
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About 47 Commerce Ave

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 0.27 Acre
Movoto estimate
Property description
Investor alert! This professionally managed, fully occupied 5-family property is a rare turn-key opportunity delivering strong and consistent cash flow. All five units are currently leased, making this a seamless addition to your portfolio with income from day one. The building features a new roof. Tenants pay for their own electric heat and hot water, keeping operating costs low for the owner. This property will require commercial lending and is ideal for both new and seasoned investors looking for stable, hands-off income in a well-run asset.
Listed by
Listing Agent - Jason Pollard
Listing Office - Compass Connecticut, LLC
Source: CONNECT MLS mls logo
MLS#24112207 • last updated 5 months ago
Movoto checked CONNECT MLS for data 3 minutes ago
Overview
Cooling/AC None
Heating Baseboard, Electric
Levels/Style Other
Type Multi-Family For Sale
SubType 5 Family+
SqFt 4400
Status Under Contract
MLS # 24112207
Lot Size (Acres) 0.27
Property Tax 4798
Property Condition No/Resale
Interior
Total # of Bathrooms 5
# of Full Baths 5
Total # of Bedrooms 8
Laundry None
Basement Full
Total # of Rooms 18, 18
Exterior
Exterior Vinyl Siding
Roofing Asphalt Shingle
Driveway Gravel
# Parking Spaces 7
Parking None, Off Street Parking, Driveway, Unpaved
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Location
Waterfront River
Neighborhood Danielson
Elementary School Per Board Of Ed
High School Per Board Of Ed
APN 1688342
Directions Per GPS
Multifamily Details
Total # of Units 5
Gross Annual Income 72684
Net Operating Income 57348

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Nearby homes for sale in Killingly, CT

  • Real Estate
  • CT
  • Windham County
  • Killingly
  • 06239
  • 47 Commerce Ave
$513K
Range: $462K-$565K
Last 30 days 

Nearby recently sold homes in Killingly, CT

  • Aug 2025
    mls logo MLS # 24112207
  • Aug 10, 2025 Under Contract
    —
  • Jul 16, 2025 Listed
    $489,000 (+88.1%)
  • Aug 2022
    mls logo MLS # 170496233
  • Aug 29, 2022 Sold
    $260,000 (-4.6%)
  • Jul 1, 2022 Under Contract
    —
  • Jun 1, 2022 Listed
    $272,500
  • May 2022
    mls logo MLS # 170436520
  • May 27, 2022 Listed
    —
  • Oct 15, 2021 Under Contract
    —
  • Sep 10, 2021 Listed
    $272,500
  • Aug 2021
    mls logo MLS # 170396882
  • Aug 6, 2021 Price Change
    $272,500 (-9.1%)
  • Jul 11, 2021 Listed
    —
  • Jul 9, 2021 Under Contract
    —
  • May 10, 2021 Listed
    $299,900
  • 47 Commerce Ave
    $485K
  • —
  • 06239
    $269K -18% y/y
  • Killingly
    $420K +11% y/y
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