19 Grace Street
Torrington, Connecticut

Description:

Bring your vision to 19 Grace Street, Torrington! This 2-family property presents an excellent opportunity for investors and owner-occupants alike. With one unit currently empty and the other occupied, the next owner can begin making improvements immediately while collecting rental income from the occupied unit. Offering plenty of upside, this property is ready for cosmetic updates that can significantly enhance its value. Investors will appreciate the chance to customize the empty unit and increase future rental potential, while owner-occupants may find it to be an ideal candidate for an FHA 203(k) renovation loan, allowing eligible buyers to finance both the purchase and improvements with one loan. Conveniently located near downtown Torrington, the property provides easy access to shopping, restaurants, grocery stores, parks, schools, healthcare facilities, and Route 8 for an easy commute. Nearby attractions like the Warner Theatre and Coe Memorial Park add to the appeal of this well-positioned investment. Whether you're looking to grow your portfolio or build equity by living in one unit while renovating, 19 Grace Street offers a chance to unlock its full potential in a convenient Torrington location. Sold As-Is.

Listing Courtesy of Serhant Connecticut, LLC