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Sold on 08/27/2024
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63 Hoffman St, Torrington, CT 06790

$648,841

Last sold 08/27/2024 for $570K

  • 14

    bed

  • 5

    bath

  • 4,954

    Sqft ($115/Sqft)

Multi-family not for sale
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About 63 Hoffman St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 0.46 Acre
Movoto estimate
Parking 3 garage spaces
Property description
ATTENTION INVESTORS: Turnkey 5-unit income producing property in the west end of town! This property features a 2-family home with two 3-bedroom apartments, a 3-family home with a 2 bedroom apartment and two 3-bedroom apartments, plus a 3-car carport. Plenty of off-street parking. All tenants pay their own utilities. Property is currently at an 8.1% CAP rate with potential for a 10%+ CAP rate at fair market rents with some improvements!
Listed by
Listing Agent - Mike Gregor
Listing Office - Cohen Agency SiM, LLC
Source: CONNECT MLS mls logo
MLS#24029243 • last updated 2 years ago
Movoto checked CONNECT MLS for data 3 minutes ago
Overview
Cooling/AC None
Type Multi-Family For Sale
SubType 5 Family+
SqFt 4954
Status Closed
MLS # 24029243
Lot Size (Acres) 0.46
Property Tax 7592
Property Condition No/Resale
Interior
Total # of Bathrooms 5
# of Full Baths 5
Total # of Bedrooms 14
Laundry Coin Op Laundry, Front Building Basement
Total # of Rooms 24, 24
Exterior
Exterior Vinyl Siding
Foundation Concrete
Roofing Asphalt Shingle
# Parking Spaces 10
# Garage Spaces 3
Parking Carport, Parking Lot, Off Street Parking
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Location
Waterfront Not Applicable
Elementary School Per Board Of Ed
Intermediate School Per Board Of Ed
High School Per Board Of Ed
Middle School Per Board Of Ed
APN 889460
Directions GPS
Multifamily Details
Total # of Units 5
Gross Annual Income 66564
Net Operating Income 43067
$648K
Range: $583K-$713K
Last 30 days 
  • Aug 2024
    Public Records
  • Aug 29, 2024 Sold
    $570,000
  • Aug 2024
    mls logo MLS # 24029243
  • Aug 27, 2024 Sold
    $570,000 (+7.6%)
  • Jul 5, 2024 Under Contract
    —
  • Jun 29, 2024 Listed
    $529,900 (+164.9%)
  • Sep 2020
    Public Records
  • Sep 4, 2020 Sold
    $200,000
  • Sep 2020
    mls logo MLS # 170325511
  • Sep 3, 2020 Sold
    $200,000
  • Aug 17, 2020 Show
    —
  • Aug 11, 2020 Listed
    $199,900 (+31884.0%)
  • Nov 2016
    mls logo MLS # L10165652
  • Nov 16, 2016 Price Change
    $625 (-3.8%)
  • Sep 3, 2016 Listed
    $650 (-13.3%)
  • Aug 2016
    mls logo MLS # L10145754
  • Aug 18, 2016 Sold
    —
  • Jun 24, 2016 Listed
    $750 (+25.0%)
  • Jul 2016
    mls logo MLS # L10145759
  • Jul 18, 2016 Sold
    —
  • Jun 24, 2016 Listed
    $600 (-99.6%)
  • Sep 2014
    mls logo MLS # L150842
  • Sep 16, 2014 Sold
    —
  • Mar 2008
    mls logo MLS # L125400
  • Mar 31, 2008 Sold
    —
  • Aug 2007
    mls logo MLS # L122628
  • Aug 17, 2007 Sold
    —
  • Apr 2004
    Public Records
  • Apr 19, 2004 Sold
    $136,500
  • Year Property taxes Tax assessment
  • 2024
    $14,943 +96.8%
    $388,640 +145.57%
  • 2023
    $7,592 +1.8%
    $158,260
  • 2022
    $7,460 +2.1%
    $158,260
  • 2021
    $7,307
    $158,260
  • 2020
    $7,307 +7.2%
    $158,260 +7.24%
  • 2019
    $6,814
    $147,580
  • 2018
    $6,814 +0.9%
    $147,580
  • 2017
    $6,752
    $147,580
  • 2016
    $6,752
    $147,580
  • 2015
    $6,752
    —
  • 63 Hoffman St
    $570K
  • —
  • 06790
    $280K +1% y/y
  • Torrington
    $309K +5% y/y
No chart available
Statistics calculated by Movoto

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