32 days on market
Under Contract
More about this Property

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20 Elm Street, Simsbury CT 06081

Current Price: $599,000

6 beds 4 baths 2710 sq. ft

Last Update: 7/30/2025

Property Type: Multi-Family For Sale

Public Remarks

Rare opportunity to acquire a fully occupied 4-unit asset in the heart of Simsbury-one of Connecticuts 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 rate

Map to Property at 20 Elm Street, Simsbury CT 06081


Rt 189 or Rt 315 to Elm St

Residential Property Information for 20 Elm Street, Simsbury CT 06081

MLS #: 24103847

Style: Units on different Floors,Units are Side-by-Side

Color:

Total Rooms:

Bedrooms: 6

Bathrooms: 4

Acres: 0.62

Year Built: 1882 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $8,792

Zoning: R-15

Mil Rate:

Assessed Value: $257,390 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 2710; below grade sq feet total is ; total sq ft is 2710

Features
Basement Desc.: Partial,Dirt Floor
Exterior Siding: Vinyl Siding
Exterior Features: Sidewalk,Porch,Deck
Foundation: Concrete
Roof: Asphalt Shingle
Parking Spaces: 0
Driveway Type: Shared,Paved
Garage/Parking Type: None,Off Street Parking,Driveway
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Lightly Wooded
Occupied: Tenant
Utility Information

Hot Water System

Heat Type:

Fueled By: Baseboard,Zoned.

Cooling: Window Unit

Fuel Tank Location: In Basement

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Tariffville

Intermediate:

Middle: Henry James

High School: Simsbury

Marketing History

Current List Price: $599,000

Original List Price: $649,000

DOM: 32

Listing Date: 6/13/2025

Last Updated: 7/28/2025 3:14:49 PM

Expected Active Date: 6/21/2025

Listing Agent and Broker

List Agent Name: Tammy Powling

List Office Name: Coldwell Banker Realty