Movoto Real Estate

83 Brook St, Torrington, CT 06790

$550,000
•
  • 7

    bed

  • 6

    bath

  • 2,807

    Sqft ($196/Sqft)

Multi-family for sale 43 minutes

About 83 Brook St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Property description
Six-unit multifamily investment opportunity offering existing rental income with additional upside. Located at 83 Brook Street in Torrington, this property features five 1-bedroom units and one 2-bedroom unit, with four currently occupied and two vacant. The occupied units generate $4,245 in scheduled monthly rental income, while the vacancies provide an opportunity for turnover, improvements, and leasing at current market rents. The property features vinyl siding, electric heat, separate electric meters, two levels of covered front porches, and plenty of off-street parking. With a practical unit mix and separately metered utilities, the building offers investors an opportunity to manage operating expenses while working toward increased occupancy and stronger rental performance. Current rents include Unit 3 at $825, Unit 4 at $1,000, Unit 5 at $1,250, and Unit 6 at $1,170 per month. Units 1 and 2 are vacant. A solid opportunity for investors looking to expand their multifamily portfolio and add value through property improvements and rental adjustments. Property is being sold strictly as-is, with all existing contents to remain. Buyer responsible for cleanout, repairs, and any necessary improvements.
Listed by
Listing Agent - Mustafa Muaremi
Listing Office - Coldwell Banker Realty
Source: CONNECT MLS mls logo
MLS#24220178 • last updated 49 minutes ago
Movoto checked CONNECT MLS for data 7 minutes ago
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Overview
Cooling/AC None
Heating Radiator, Natural Gas
Type Multi-Family For Sale
SubType 5 Family+
SqFt 2807
Status Active
MLS # 24220178
Lot Size (Acres) 0.2
Property Tax 10034
Property Condition No/Resale
Interior
Total # of Bathrooms 6
# of Full Baths 6
Total # of Bedrooms 7
Basement Full
Total # of Rooms 24, 24
Exterior
Exterior Vinyl Siding
Roofing Asphalt Shingle
Lot Description Level Lot
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Location
Waterfront Not Applicable
Elementary School Per Board Of Ed
High School Per Board Of Ed
APN 890280
Directions GPS Friendly
Multifamily Details
Total # of Units 6
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