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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
MLS ID
170616293
Listing Last Updated
4/15/2025 4:30 PM
Property Features & Amenities
Interior
Total Bedrooms
0
Full Bathrooms
4
Exterior
Water Source
Public
Utilites
Cable Available, Natural Gas Available
Roof
Asphalt
Lot Features
Level
Heat Type
Natural Gas, Baseboard, Hot Water
Air Conditioning
None
Sewer
Public Sewer
Details
Financial
Price
$1,125,000
Real Estate Tax
$5,485/yr
Zoning
BRHD
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