Under Contract
72 Reynolds Street
Killingly CT, 06239
$535,000
$121.59 per sqft
Under Contract
4 Baths
4,400 sqft
Commercial
Built in 1900
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.
170616293
MLSⓇ ID
December 28, 2023
Listed
May 9, 2024
Updated
Map
72 Reynolds Street
Killingly CT, 06239
Interior Features
Total Bathrooms
4
Full Bathrooms
4
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas, Baseboard, Hot Water
Exterior/Building Features
Lot Size
0.27 Acres
Lot Features
Level
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Area Name
Danielson
Taxes
$5,485
Tax Frequency
Annually
Days on Market
55
Garage
No
View
No
County
Windham
Water Source
Public
Pool
No
Zoning
BRHD
Listing History
Date | Event | Price |
|---|---|---|
2/26/2024 | Pending | — |
Listed by Brooks Gagnon with RE/MAX Bell Park Realty
Listing Contact: 8604283994
The IDX display contains information sourced from the Smart MLS, Inc as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 7:12 AM UTC