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Sold on 02/26/2024
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74 Riverside Ave, Torrington, CT 06790

$473,060

Last sold 02/26/2024 for $395K

  • 9

    bed

  • 4

    bath

  • 3,650

    Sqft ($108/Sqft)

Multi-family not for sale
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About 74 Riverside Ave

Property type Multi-family
Year built 1880
HOA fee $0/month
Lot size 0.44 Acre
Movoto estimate
Parking 5 garage spaces
Property description
Unique, "As Is" 3 building, 4-unit Investment opportunity! 74 Riverside Avenue: A lucrative opportunity for strategic investors. Conveniently located close to a park, a hospital, and several retail shopping centers, this property is a gateway to maximizing your profitability. Location boasts off-street parking for all units, well kept mechanicals, and convenient in-unit laundry hook-ups. Currently, rental income lags behind market rates, making it ripe for transformation through minor cosmetic upgrades. This could be a game-changing investment, come experience it firsthand! Agent related.
Listed by
Listing Agent - Cathy Hayes
Listing Office - Dave Jones Realty, LLC
Source: CONNECT MLS mls logo
MLS#170595338 • last updated 2 years ago
Movoto checked CONNECT MLS for data 5 minutes ago
Overview
Cooling/AC Ceiling Fans
Type Multi-Family For Sale
SubType 4 Family
SqFt 3650
Status Closed
MLS # 170595338
Lot Size (Acres) 0.44
Property Tax 8031
Property Condition No/Resale
Interior
Total # of Bathrooms 4
# of Full Baths 4
Total # of Bedrooms 9
Attic Walk-up
Total # of Rooms 20, 20
Exterior
# Garage Spaces 5
Parking Attached Garage, Paved, Off Street Parking
Lot Description Water View
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Location
Waterfront Brook
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 884101
Directions Available Through GPS
Multifamily Details
Total # of Units 4
Gross Annual Income 40080
Net Operating Income 17080
$473K
Range: $425K-$520K
Last 30 days 
  • Feb 2024
    mls logo MLS # 170595338
  • Feb 26, 2024 Sold
    $395,000
  • Feb 15, 2024 Under Contract
    —
  • Sep 15, 2023 Under Contract - Continue To Show
    —
  • Sep 8, 2023 Listed
    $399,900 (+110.5%)
  • Feb 2024
    Public Records
  • Feb 16, 2024 Sold
    $395,000 (-1.2%)
  • Jan 2018
    Public Records
  • Jan 31, 2018 Sold
    $190,000
  • Year Property taxes Tax assessment
  • 2024
    $10,567 +31.5%
    $274,820 +64.11%
  • 2023
    $8,033 +1.8%
    $167,460
  • 2022
    $7,894 +2.1%
    $167,460
  • 2021
    $7,732
    $167,460
  • 2020
    $7,732 +12.1%
    $167,460 +12.13%
  • 2019
    $6,895
    $149,340
  • 2018
    $6,895 +0.9%
    $149,340
  • 2017
    $6,832
    $149,340
  • 2016
    $6,832
    $149,340
  • 2015
    $6,832
    —
  • 74 Riverside Ave
    $395K
  • —
  • 06790
    $280K +1% y/y
  • Torrington
    $309K +5% y/y
No chart available
Statistics calculated by Movoto

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