40
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$359,900
Est. payment /mo
6 Beds
3 Baths
2,275 SqFt
Coming Soon
7 George Street Torrington, CT 06790
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Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,275 sqft
Price per Sqft $158
MLS Listing ID 24220536
Style Units on different Floors
Bedrooms 6
Full Baths 3
Year Built 1900
Annual Tax Amount $6,593
Lot Size 2,613 Sqft
Property Sub-Type 2 Family
Property Description
ALSO OFFERED AS PORTFOLIO SALE WITH TRIPLEX AT 146 CLARENCE ST, TORRINGTON, CT 06790 (MLS #24220443). Freshly renovated and move-in ready, this centrally located Torrington 2-family offers the flexibility to enjoy a beautifully updated residence while collecting rental income to help offset housing costs, or lease both units at market rent for investment income. The vacant 1st-floor unit features brand new paint and attractive new luxury vinyl plank flooring (updated flooring throughout the entire property). Upstairs, an occupied 1.5 story unit on a long-term lease provides established rental income. The property offers an estimated 10%+ cap rate assuming an approx. $1,750 market rent for the updated 1st floor unit without parking. Two private off-street parking spaces are currently allocated to the upstairs tenants. An expansive, finished basement provides exceptional storage space and potential for additional income through paid storage or other uses, subject to applicable approvals. Situated on a quiet, low-traffic street in downtown Torrington, just a short walk from Donahue Park and Playground, with convenient access to local dining, shopping, transportation, and major employers. Whether you're looking for a primary residence with supplemental income or an investment property with immediate upside, this versatile two-family offers an appealing combination of recent improvements, location, and income potential.
Location
State CT
County Litchfield
Zoning R6
Rooms
Basement Full, Heated, Storage, Fully Finished, Full With Hatchway
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Parking Features Paved, Off Street Parking, Driveway
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Colin Capparelle • Planet Realty, LLC