72 Reynolds Street

Killingly, Connecticut 06239

Status
Sale Pending
Square Feet
6,504
Beds
8
Price
$535,000
Type
Multi-Family For Sale
Garages
0
Baths
5
MLS
170616312

Price

$535,000

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Interior Details

Interior Size
6,504 Sq Ft
Bedrooms
8
Bathrooms
5
Rooms Total
Garage
0

Exterior Details

Lot Size
0.27 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$5,485
Assessed Value
$170,940
Elementary School
Killingly Memorial
Middle School
NULL
High School
Killingly

About Property

Welcome to 72 Reynolds Street, a remarkable investment opportunity in the heart of Danielson. This well-maintained 5-unit property spans 4,400 square feet over three levels, featuring an ideal mix of three two-bedroom and two large one-bedroom units. Fully rented with month-to-month tenants, and currently boasting a current Net Operating Income (NOI) of $46,471 with a projected increase to $72,871, this property combines strong financials with efficient amenities, including separate utilities for each unit, in-street natural gas, and public sewer and water services. Managed by a locally based, family-run operation, this turnkey opportunity offers both immediate income potential and long-term growth in a burgeoning market, making it an attractive proposition for investors seeking a solid entry into the Danielson real estate scene.
Listed by RE/MAX Bell Park Realty, Brooks Gagnon. Data sourced from SmartMLS

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