44 E Albert St - Apartments FOR SALE


Torrington, CT 06790
$474,900 USD
203-727-2429
44 E Albert St, Torrington, CT for Sale
$474,900 USD
Apartments - FOR SALE
1/22
null | 10.72% Cap Rate

44 E Albert St
Torrington, CT 06790


OVERVIEW

Live in One, Rent The Other Units! Owner Occupied or Seasoned Investor Two 2-Unit Buildings on the same property, Turn key Cash Flow! An incredible opportunity for first-time buyers to become homeowners and landlords-this fully occupied 4-unit property in Torrington is perfect for house hacking! Move into one unit and collect rental income from the other three, helping you offset your mortgage and build equity from day one. Located in a strong rental area with high demand and low vacancy, this property offers well-maintained, spacious units with separate utilities and long-term tenants. There's also potential to increase rents over time, making it a smart investment for your future. Additional features include off-street parking, a generous backyard space, and a low-maintenance exterior-ideal for an owner-occupant who wants minimal hassle. Whether you're dreaming of financial freedom or just want help paying the bills, this 4-family property makes it possible.

FOR SALE DETAILS

PRICE

$474,900 USD

PRICE/SF

$183 USD /SF

# OF UNITS

4

PRICE/UNIT

$118,725

CAP RATE

10.72%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R6

APN/PARCEL ID

TORR-000116-000024-000007

ASK ABOUT THIS PROPERTY

Tonino MavuliSerhant CommercialMore Info
203-727-2429

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Tonino MavuliSerhant CommercialMore Info
203-727-2429

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.