55 days on market
Under Contract
More about this Property

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72 Reynolds Street, Killingly CT 06239

Current Price: $535,000

8 beds 5 baths 6504 sq. ft

Last Update: 5/9/2024

Property Type: Multi-Family For Sale

Public Remarks

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.

Map to Property at 72 Reynolds Street, Killingly CT 06239


Rt 395 to Westcott Rd

Residential Property Information for 72 Reynolds Street, Killingly CT 06239

MLS #: 170616312

Style: Other

Color:

Total Rooms:

Bedrooms: 8

Bathrooms: 5

Acres: 0.27

Year Built: 1900 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $5,485

Zoning: BRHD

Mil Rate:

Assessed Value: $170,940 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 6504; below grade sq feet total is ; total sq ft is 6504

Features
Attic: Access Via Hatch
Basement Desc.: Full
Exterior Siding: Vinyl Siding
Foundation: Stone
Roof: Asphalt Shingle
Parking Spaces: 0
Driveway Type: Gravel
Garage/Parking Type: Off Street Parking
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: N/A
Nearby Amenities: Basketball Court,Commuter Bus,Library,Medical Facilities,Park,Public Pool,Public Transportation
Utility Information

Hot Water System Electric

Heat Type: Baseboard

Fueled By: Natural Gas.

Cooling: None

Fuel Tank Location: Non Applicable

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Killingly Memorial

Intermediate:

Middle:

High School: Killingly

Marketing History

Current List Price: $535,000

Original List Price: $535,000

DOM: 55

Listing Date: 12/28/2023

Last Updated: 2/26/2024 7:16:40 PM