Back 220 Main Street
Off Market

220 Main Street

Terryville CT 06786

6
3816 sq. ft.
0.05 ac.
Multi-Family
Last sold for $400,000
Michelle LorenzettiMichelle Lorenzetti, last sold this property on 27 December 2023 after 706 days on market.

Overview

Improved income and improvements made on this brick 6 unit in Terryville. Convenient location. Tenants pay all utilities. All units are 1BR, some are larger than others and some have upside. Monthly rent roll $6K equates to $72K/yr. Yearly expenses $13,240. NOI $58,760 = a very attractive 15 CAP. Updated mechanicals, off street parking. This is a legal 6 unit although the property has 7 units.

Features

6 bedrooms
3816 sq. ft. floor area
0.05 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 6 bedroom multi families sold in Terryville over the last 12 months.

Property history for 220 Main Street

2023
Sold
$400,000
27 Dec 2023 by Michelle Lorenzetti, of Premier R.E. Investment Group
2021
Rented
Undisclosed
01 Jun 2021 by Revolution Properties, LLC
2021
Rented
Undisclosed
01 May 2021 by Revolution Properties, LLC

Happy sellers in Terryville

100%
100% of sellers in Terryville reported that their sale price either exceeded or met their price expectations.

Terryville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Terryville over the last 12 months.

Local market activity for 6 bedroom multi families in Terryville

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