Don't miss this exceptional opportunity to acquire a fully occupied three-family Colonial in Torrington. This income-producing property has been meticulously maintained and offers investors immediate cash flow with stable tenancy already in place. The property features three well-appointed residential units, each offering 2 bedrooms and 1 full bathroom, providing a highly desirable layout for tenants, as well as off-street parking. Current gross rental income totals $4,150 per month, delivering consistent revenue from day one. Pride of ownership is evident throughout this well-cared-for property, making it an ideal addition to an investment portfolio or a great option for an owner-investor seeking a low-maintenance asset. With strong rental demand for multi-family housing and a proven income history, this property presents an excellent opportunity to generate reliable returns. Conveniently located near shopping, dining, banks, schools, parks, and major commuter routes, 524 Prospect Street offers both tenant appeal and long-term investment potential.
|
DAYS ON MARKET
|
17
|
LAST UPDATED
|
6/14/2026
|
|
YEAR BUILT
|
1910
|
COUNTY
|
Litchfield
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Per Board of Ed |
| High School |
Per Board of Ed |
| AIR |
Central Air, Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Gas Water Heater |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Frame, Vinyl Siding |
| HEAT |
Hot Water, Natural Gas, Oil |
| LOT |
6534 sq ft |
| LOT DESCRIPTION |
Level |
| PARKING |
Off Street |
| SEWER |
Public Sewer |
| STYLE |
Units on different Floors |
| TAXES |
7780 |
| WATER |
Public |
| ZONING |
R6 |
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Listing courtesy of Berkshire Hathaway NE Prop.
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