Link Copied
$--,---,---
644
  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size  sqft
Garage No
Taxes $8,792
Days Active 49
Lot Size 
Approx. Age 1882
MLS® Number 24103847

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a fully occupied 4-unit asset in the heart of Simsbury-one of Connecticut's most desirable and stable real estate markets. This income-producing property features two side-by-side two-family homes on a single lot, each offering one 1-bedroom and one 2-bedroom unit, ideal for consistent rental demand and portfolio diversification. One building underwent a full gut renovation in 2020-2021, including upgraded systems and finishes, reducing future capital expenditures. With modern kitchens and bathroom, updated flooring, abundant natural light -rare and highly appealing to quality tenants. Set on just over half an acre, the property includes a spacious backyard, ample off-street parking, and a shared driveway. Tenants enjoy not only the functional amenities but also the lifestyle perks of living in Simsbury-a classic New England town known for its scenic farms, historic homes, hiking, rail-to-trail bike paths, and two local golf courses. This location offers a convenient commute to Granby, Bloomfield, and Avon, enhancing its appeal for working professionals and families. Simsbury has been ranked among the top places to live in CT . Demand for rentals in this area remains strong-and opportunities like this are rare., $67, 200 gross $43, 000 noi 7.2% cap rateShow Description
MLS® Number24103847
Laundry Level
Central VacNo
FireplaceNo
Acreage0.62
ExteriorSidewalk, Porch, Deck
GarageNo
Approx. Age1882
BasementPartial, Dirt Floor
DrivewayNone, Off Street Parking, Driveway
Garage Spaces
HeatElectric, Oil, Baseboard, Zoned
A/CWindow Unit
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing