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Listed price in listed location currency (USD).
$1,125,000
$535,000

040

MLS® 170616293

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Lot Size 
Approx. Age 1900
MLS® Number 170616293

Property Address: 72 Reynolds St, Killingly, CT, 06239-2957

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

Description

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.
MLS® Number170616293
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Feb 21, 2024End Date
$1,125,000Sold Price

Leased

Jul 15, 2024List Date
$535,000List Price
  • Commute

Commute

Starting Address
Destination Address
72 Reynolds St, Killingly, CT

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