301 & 501-504 ESSEX CourtTorrington, CT 06790MLS Number 170053876

  • Price: $1,295,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 4.59% last updated on Aug 9, 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.
  • 12Bedrooms
  • 1.8Acreage
  • 18Bathroom
  • 2005Year Built

Driving Directions

FULLY LEASED 8 UNIT MODERN CONTEMPORARY DESIGNED APARTMENTS. LOCATED WITHIN THE SQUIRE HILL COMMUNITY. ALL UNITS ARE 1,500 +/- S/F RANCH STYLE. 5 ROOM, 2 BEDROOM, 3 FULL BATHS, PLUS GENEROUS SIZE UPPER LEVEL BONUS ROOM. GRANITE KITCHEN INCLUDES APPLIANCES. SPACIOUS LIVING / DINING COMBO ACCENTED W/VAULTED CEILING AND FIREPLACE. TWO-ZONE PROPANE HOT AIR HEAT W/CENTRAL AIR. TENANTS PAY HEAT, ELECTRIC, HOT WATER & COLD WATER. BUILDING #3 / UNITS 301 - 304 ALL HAVE FULL WALK-OUT BASEMENTS. BUILDING #5 / UNITS 501 - 504 ARE ON CONCRETE SLAB. 5-DETACHED GARAGES PLUS ADDITIONAL ON-SITE PARKING. CURRENT GROSS MONTHLY INCOME $10,850.00. GOOD RENTAL HISTORY......VERY LOW VACANCY RATE.

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More Info

Basic Information

  • StatusACT
  • List Price$1,295,000
  • Square Feet12,167
  • HoaNo
  • Hoa fee amount527
  • Hoa fee frequencyMonthly
  • Lease purchaseNo
  • Units8
  • Net operating income97119
  • Property subtype5 Family+
  • Property TypeMulti-Family For Sale
  • Acreage1.8
  • MLS Number170053876

Interior

  • Rooms total multifamily30
  • RoofAsphalt Shingle

Exterior

  • Exterior featuresDeck, Gutters, Porch, Underground Utilities
  • Exterior sidingVinyl Siding

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air
  • Hot water descriptionElectric
  • Heating FuelPropane
  • Fuel tank locationIn Ground
  • Heat SystemHot Air
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected
  • Sewer usage fee annual2000

Tax Information

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

Location

  • StateCT
  • Zip06790
  • CountyLitchfield
  • SubdivisionSQUIRE HILL

Property

  • Lot DescriptionOn Cul-De-Sac
  • Garage5
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Amenities

  • AmenitiesGolf Course, Health Club, Library, Medical Facilities, Shopping/Mall
  • Association amenitiesNone

Auction

  • Bank owned propertyNo

Other

  • Radon mitigation airUnknown
  • Radon mitigation waterNo
  • Space is leasedNo
  • Association fee includesTrash Pickup, Snow Removal
  • View Count12

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolTorrington

Rooms

  • Laundry room infoAll Units Have Hook-Ups
  • Laundry room locationON MAIN LEVEL IN EACH APARTMENT

Building

  • Bedrooms12
  • Bathroom18
  • Year Built2005
  • Property StyleUnits are Side-by-Side, 4sides - Units Are Side-by-Side
  • Energy FeaturesRidge Vents, Thermopane Windows
  • Fireplaces8
  • FoundationConcrete, Slab
  • Garage Parking InfoDetached Garage, Paved, Assigned
  • New construction typeNo
  • AtticNo
  • BasementFull With Walk-Out, Unfinished
  • Full Bath18

Water Body

  • Waterfront DescriptionNot Applicable
  • 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.

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