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161-175 Kinney St 8 Unit Apartment Building $2,119,935 CAD ($264,992 CAD/Unit) 6.57% Cap Rate Torrington, CT 06790
Executive Summary
Don't miss the opportunity to purchase this well maintained 8 unit townhouses in Torrington, all 8 units are side by side and comprised of 2 bedrooms / 1.5 bathrooms, all units have separate meters for electric and gas. The units are spacious and feature many luxury amenities such as private entrances, single car heated garages, central air. all units are below market rent with room to increase
Property Facts
| Price | $2,119,935 CAD | Apartment Style | Townhome |
| Price Per Unit | $264,992 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.71 AC |
| Cap Rate | 6.57% | Building Size | 8,288 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 10.33 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1973 |
| Property Type | Multifamily | Parking Ratio | 1.73/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R6 - General Residences | ||
| Price | $2,119,935 CAD |
| Price Per Unit | $264,992 CAD |
| Sale Type | Investment |
| Cap Rate | 6.57% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10.33 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.71 AC |
| Building Size | 8,288 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.73/1,000 SF |
| Zoning | R6 - General Residences |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer Hookup
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | TORR-000124-000002-000007 | Improvements Assessment | $1,053,323 CAD |
| Land Assessment | $39,812 CAD | Total Assessment | $1,093,135 CAD |
Property Taxes
Parcel Number
TORR-000124-000002-000007
Land Assessment
$39,812 CAD
Improvements Assessment
$1,053,323 CAD
Total Assessment
$1,093,135 CAD
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161-175 Kinney St
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