About 72 Reynolds Street
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.
Features of 72 Reynolds Street
MLS® # | 170616293 |
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Price | $535,000 |
Bathrooms | 4.00 |
Full Baths | 4 |
Square Footage | 4,400 |
Square Footage | Public Records |
Acres | 0.27 |
Year Built | 1900 |
Type | Commercial For Sale |
Status | Under Contract |
Community Information
Address | 72 Reynolds Street |
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Area | Danielson |
City | Killingly |
County | Windham |
State | CT |
Zip Code | 06239 |
Amenities
Utilities | Electric, Gas, Telephone, Cable |
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Parking | Parking Lot |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Baseboard, Radiator, Natural Gas |
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Cooling | None |
Fireplace | No |
Exterior
Lot Description | Level Lot |
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Roof | Asphalt Shingle |
Foundation | Stone |
Additional Information
Date Listed | December 28th, 2023 |
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Days on Market | 125 |
Zoning | BRHD |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX Bell Park Realty |
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