238 Main Street
Torrington, Connecticut

Description:

Don't miss this excellent opportunity to own a fully rented 4-unit multifamily property offering solid returns and long-term stability. This well-maintained building includes a diverse mix of units: 1x1BR, 1x1BR+Office Room, 1x2BR+Office room, 1x3BR+Office room; two of the units are equipped with in-unit laundry hook-ups, and current washer/dryer units are tenant-owned. All apartments are currently rented to reliable tenants on leases, ensuring immediate cash flow and low vacancy risk. Located close to major highways in a highly desirable area, the property offers convenience and accessibility. Outside, you'll find ample off-street parking in the rear, a paved driveway, and a shared grilling and entertainment area-a bonus for tenant satisfaction and retention. With an approximate 8% cap rate, this property is a strong investment whether you're looking to expand your portfolio or start one.

Listing Courtesy of Turning Point Realty, LLC