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Commercial
72 Reynolds Street
commercial

72 Reynolds Street

72 Reynolds Street, Killingly, CT 06239

$1,125,000

  • 4 FULL BATHS
  • 4,400 Sq.Ft.
commercial

Property 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.

Overview

Property Type
Commercial
Location
72 Reynolds Street, Killingly, CT 06239
Zoning
BRHD
MLS ID
170616293
Listing Last Updated

Property Features & Amenities

Interior

Total Rooms
0
Full Bathrooms
4

Exterior

Water Source
Public
Roof
Asphalt
Lot Features
Level
Parking
Parking Lot
Heat Type
Natural Gas, Baseboard, Hot Water
Air Conditioning
None
Sewer
Public Sewer
Substructure
Stone

Details

Total Area
4,400 Sq.Ft.

Financial

Price
$1,125,000
Real Estate Tax
$5,485/yr

Exclusive Listing Agents

Jithu Sajeevan

Licensed Real Estate Salesperson

(860) 801-7630

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