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$56,052

NOI

1.67

DSCR

11%

Cap

31%

ROI
NOI
$56,052
DSCR
1.67
Cap
11%
ROI
31%
$529,000
Cash Flowing Property in High Yield Market

230 Winsted Road, Torrington, CT

4 Units . $132,250/unit

$529,000

Anthony Velez

VC Property Group

REB.0795536
Email
Call

Est. $3,750 /mo

Get Pre-Approved
Description Income Loan Terms

$34,872

NOI

1.04

DSCR

7%

Cap

1%

ROI
% Proforma : % Proforma
72%
 Parking
Off Street
Property Type Type
Multifamily
 Heating
Natural Gas
Buildings
2
 Hot Water
Natural Gas
Parcel(s)
1
 Sewer
Public
Year Built
1900
 Water
Well
Occupancy Occ.
100%
 Trash
City Pick-up
Sqft
4200 sqft
 Utility Split
Tenant Paid
Lot Size
22000 acres
 Sprinklers
No
Highlights
  • High Yield Market
  • 4 Attached Garages + Large Driveway
  • Separate, Tenant Paid Utilities

Beautiful, cash flowing 4 Family in one of Connecticut's most highly desired multifamily markets. Property features 2 buildings on one lot, for a total of 4 units, each with an attached 2 car garage. Units have undergone recent renovations. Great opportunity to start or add a stabilized investment asset to the portfolio. The property consists of one 3 Bedroom, two 2 Bedroom and one 1 Bedroom unit, each with separate tenant paid utilities and off street parking. Call today, this won't last long.

Product Description

Beautiful, cash flowing 4 Family in one of Connecticut's most highly desired multifamily markets. Property features 2 buildings on one lot, for a total of 4 units, each with an attached 2 car garage. Units have undergone recent renovations. Great opportunity to start or add a stabilized investment asset to the portfolio. The property consists of one 3 Bedroom, two 2 Bedroom and one 1 Bedroom unit, each with separate tenant paid utilities and off street parking. Call today, this won't last long.
Property Snapshot
72% Proforma
Property Type
Multifamily
Building(s)
2
Sqft
4200 sqft
Parcel(s)
1
Lot Size
22000 acres
Year Built
1900
Property Description

Beautiful, cash flowing 4 Family in one of Connecticut's most highly desired multifamily markets. Property features 2 buildings on one lot, for a total of 4 units, each with an attached 2 car garage. Units have undergone recent renovations. Great opportunity to start or add a stabilized investment asset to the portfolio. The property consists of one 3 Bedroom, two 2 Bedroom and one 1 Bedroom unit, each with separate tenant paid utilities and off street parking. Call today, this won't last long.

Property Features
Utilities & Systems
Heating
Natural Gas
Hot Water
Natural Gas
Water
Well
Sewer
Public
Trash
City Pick-up
Electric
Site Amenities
Parking
Off Street
Unit Amenities
N/A
Residential Income
Current vs Proforma
3 Bed, 1 Bath
$1,195
2 Bed, 1 Bath
$1,250
2 Bed, 1 Bath
$995
1 Bed, 1 Bath
$995
Monthly
$4,435
$6,200
Annual
$53,220
$74,400
Operating Expenses
Annualized
Property Taxes
$6,548
Insurance
$4,800
HOA
$0
Electric
$0
Heating
$0
Water / Sewer
$2,400
Trash
$0
Vacancy
$1,600
Maintenance
$1,500
Management
$1,500
Others
$0
Total Expenses
$18,348
$18,348
Loan Terms
Scenario Builder
Sale Price
$529,000
Loan Term
25
Rate
7%
LTV
75%
P&I
$2,804
$2,804
Request loan quote from VC Property Group.
Anthony Velez
Anthony Velez
VC Property Group

Anthony Velez


VC Property Group

REB.0795536
Email
Call