$535,000

Under Contract

Est. Mortgage $2,884/mo *

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72 Reynolds Street, Killingly, (Danielson), CT, 06239

72 Reynolds Street, Killingly, (Danielson), CT, 06239

7 beds

4 Full baths

1900

4,400 sqft

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.


Status:

Under Contract

Town:

Killingly

Type:

Commercial

Units:

5

Zoning:

BRHD

Frontage:

Municipal Street,Paved Road

Garage:

Parking Lot

Heating:

Baseboard, Radiator

Cooling:

None

Acreage:

0.27

Est. Taxes:

$5,485

Assessment

$170,940

Utilities

Electric,Gas,Telephone,Cable

Lot Description:

Level Lot

Days on Market:

55

MLS #:

170616293


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Brooks Gagnon, RE/MAX Bell Park Realty Email: brooksgagnon@gmail.com