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$570,000
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Property Description
ATTENTION INVESTORS: Turnkey 5-unit income producing property in the west end of town! This property features a 2-family home with two 3-bedroom apartments, a 3-family home with a 2 bedroom apartment and two 3-bedroom apartments, plus a 3-car carport. Plenty of off-street parking. All tenants pay their own utilities. Property is currently at an 8.1% CAP rate with potential for a 10%+ CAP rate at fair market rents with some improvements!
Full Property Details
Full Property Details for 63 Hoffman St
General
- Sold For: $570,000
- Taxes: (July 2024-June 2025)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24029243
- Added to Site: 644 day(s) ago
Interior
- Number of Rooms: 24
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 14
Other Rooms
- Laundry: Coin Op Laundry
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 10
- Parking: Carport, Parking Lot, Off Street Parking
Location
- County: Litchfield
- Driving Directions: GPS
School Information
- Elementary School: Per Board of Ed
- Middle School: Per Board of Ed
- Intermediate School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas on Gas, Wall Unit, Electric, Natural Gas
- Heating Fuel: Electric, Natural Gas
- Water Heater: Natural Gas, Electric, 30 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors, 3updown - Unit(s) per Floor
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingle
- Square Feet: 4,954
- Above Ground: 4,954 Sq. Ft.
- Year Built: 1900
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 5
Unit 5
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.46
- Zoning: R6
- Lot Description: Lightly Wooded, Level Lot
Financial Considerations
- Assessment Amount: $158,260
- Tax Year: July 2024-June 2025
Disclosures and Reports
- Property ID: 889460
Listed by Cohen Agency SiM, LLC, Mike Gregor
Sold by Coldwell Banker Premier Real Estate, THE MICHELLE GRANT TEAM, Michelle Grant
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Schools
Schools serving 63 Hoffman St
School District:Torrington School District
| Name | Grades | Distance |
|---|---|---|
Torrington Middle School 200 Middle School Drive, Torrington, CT 06790 | 6-8 | 3.9 mi |
Torrington High School 50 Major Besse Drive, Torrington, CT 06790 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 63 Hoffman St
Date
Details
Price
Change
Source
8/26/2024
Sold
$570,000
7.57%
MLS
6/29/2024
Listed
$529,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
63 Hoffman Street, Torrington, CT 06790 (MLS# 24029243) is a Multi-Family property that was sold at $570,000 on August 26, 2024. Want to learn more about 63 Hoffman Street? Do you have questions about finding other Multi-Family real estate for sale in Torrington? You can browse all Torrington real estate or contact a Coldwell Banker agent to request more information.

