301 & 501-504 Essex CourtTorrington, CT 06790MLS Number 170053873

  • Price: $1,295,000
$
$
%
$/month over payments
Federal 30-year interest rate: 4.85% last updated on Oct 18, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1.8Acreage
  • 2005Year Built
  • 12,167Square Feet

Driving Directions

8 MODERN AND SPACIOUS CONTEMPORARY APARTMENTS, INCLUDES 5 DETACHED GARAGES PLUS ADDITIONAL ON-SITE PARKING. ALL UNITS ARE 1,500 +/- S/F RANCH STYLE 2-BED ROOM W/3 FULL BATHS PLUS GENEROUS SIZE UPPER LEVEL BONUS ROOM. GRANITE KITCHENS INCLUDE APPLIANCES. LIVING/DINING COMBO ACCENTED W/VAULTED CEILINGS & FIREPLACE. TWO-ZONE PROPANE WARM AIR HEAT W/CENTRAL AIR. TENANTS PAY HEAT, ELECTRIC, HOT WATER & COLD WATER. EXCELLENT RENTAL HISTORY......LOW VACANCY RATE. BUILDING #3 UNITS 301 - 304 ALL HAVE FULL WALK-OUT BASEMENTS. BUILDING #5 UNITS 501 - 504 ON CONCRETE SLAB. GROSS ANNUAL INCOME $130,200.00 / NOI APPROXIMATELY $97,000.00

Contact Us!

Find out how our team can help you find the perfect property

Do not fill in this field:

More Info

Basic Information

  • Broker NameCohen Agency
  • List Price$1,295,000
  • MLS Number170053873
  • Property TypeCommercial For Sale
  • StatusACT
  • TownTorrington
  • Gross annual expense$33,081
  • Gross annual income$130,200
  • Commercial catagoryInvestment, Residential Income
  • Also for leaseNo

Exterior

  • Exterior featuresGutters

Utilities

  • Heat SystemHot Air
  • Heating FuelPropane
  • Utilities availableTelephone, Cable
  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected
  • Sewer usage fee annual2000

Tax Information

  • Assessed value$252,560
  • Taxes$11,661
  • Tax YearJuly 2018-June 2019
  • Milrate base45
  • Milrate total46.17

Building

  • FoundationConcrete
  • RoofAsphalt Shingle
  • Year Built2005
  • Building ConstructionFrame
  • AtticNo
  • Garages
  • FlooringCeramic Tile, Wall-to-Wall Carpet, Wood
  • Garage Parking InfoDetached Garage
  • Square Feet12,167
  • Sqft residential12167
  • Stories2
  • Additional space availableNo

Auction

  • Bank owned propertyNo

Other

  • Documents AvailableLegal Description
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • Net operating income97119
  • Space is leasedNo
  • Present useAPARTMENT RENTALS
  • Potential useLONG TERM INCOME PROPERTY
  • View Count26

Basic Information

  • Agent ID, COHEMA

Location

  • CountyLitchfield
  • LocationSuburban
  • StateCT
  • Zip06790

Property

  • Acreage1.8
  • Lot DescriptionOn Cul-De-Sac
  • Parking Spaces17
  • Parking spaces covered5
  • Parking spaces uncovered12
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Road Frontage DescriptionPrivate Road, Paved Road
  • SwimmingpoolNo

Water Body

  • WaterfrontNo
The Matthews Group
The Matthews Group
Office: 860.868.0511
4 Green Hill Road
Washington Depot, CT 06794
Listing Courtesy of Cohen Agency

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: