227 Main Street

Torrington, CT
$ 424,900 Beds 0 Baths 0 Sq 5,000 Virtual Tour
Monthly Estimate* How much can I afford?

Calling all investors – this property is a cash cow! Welcome to 227 Main Street, a mixed-use property that has been monetized in every possible way! The gross income is $72,600, and the net operating income is $41,330 per year. The first floor is a freshly updated medical office which is currently rented to 3 clinicians. Enjoy the ease of managing long term, professional tenants. The second floor of the property has 2 residential units that are currently rented. Apt A is approx. 1,100 sf 3-bedroom apartment, Apt C is a 1-bedroom apartment. Below market rents in the apartments provide additional income potential for the new landlord. It doesn’t stop there! The 3rd floor walk-up attic has lofty vaulted ceilings. The space is a great storage location, and it may be convertible into additional apartments (subject to buyer due diligence). It doesn’t stop there! The brick 3 car garage is rented for $350 per month. If you are looking for a great way to earn extra income from a great investment book your private tour today!

Commercial

  • Price
  • $ 424,900
  • Lot Size
  • 10,454 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,000
  • Full Bathrooms
  • 0
  • Year Built
  • 1920
  • Half Bathrooms
  • 0
  • City, Zip
  • Torrington
  • Taxes
  • $ 8168
  • County
  • LITCHFIELD
  • Style
  • Commercial For Sale
  • Area
  • MLS#
  • 170430902
  • Zip
  • 06790
Listing Provided by: Lou Raven with eXp Realty
Data Source: Smart MLS - 162 - CT

Features

General

Acres 0.2400
Commercial Catagory Office, Residential Income
Handicap Features 32 Minimum Door Widths, 60 Turning Radius, Ramps
Location Downtown, Historic Area
Neighborhood N/A
Present Use Medical Offices & Residential
Property Type Commercial For Sale
Status Active
Tax Year July 2021-June 2022
Utilities Available Electric, Gas, Telephone, Cable
Virtual Tour https://my.matterport.com/show/?m=vMU16qBWmhz&brand=0
Virtual Tour Yn Yes
Year Built 1920
Zoning DD

Interior Features

Cooling System Zoned
Heat Fuel Type Electric, Natural Gas, Oil
Heat Type Baseboard, Gas on Gas, Hot Water, Zoned
Interior Features Security System
Sq Ft Source Public Records
Sq Ft Total 5000
Total Numof Units 1
Unit Count 6

Exterior Features

Foundation Concrete
Garage Parking Info Detached Garage
Lot Description Dry, Level Lot
Parking Spaces Covered 3
Parking Total Spaces 3
Road Frontage Description State Road, Paved Road
Roof Information Asphalt Shingle
Sewage System Public Sewer Connected
Water Source Public Water Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Wolcott, CT office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/8/2021 Listed $449,900
11/4/2021 6% - $424,900

Property vs Zip Code Average in 06790

Price
AVG $330K
$420K
Taxes
AVG $10,892
$8,168
Visits
AVG 80
13
Year Built
AVG 1946
1920
Walkscore
AVG 61
85
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

227 Main Street Torrington, CT is a Single Family Home for sale at $424900 with 5000 sqft and a lot size of 10,454 SqFt Acre(s). 227 Main Street Torrington has 0 bedrooms, 0 baths and was built in 1920. The property's zip code is 06790 which is in Torrington, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.