59 Hill Street
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For Sale

59 Hill Street

59 Hill Street, Torrington, CT 06790

$399,900
Exceptional turnkey triplex offering strong in-place income, major capital improvements, and an ideal setup for either an investor or owner-occupant. This property features two fully rented 2-bed / 1-bath units generating $1,575/mo and $1,400/mo, plus a vacant 1-bed / 1-bath unit perfect for an owner-occupant or capable of producing $1,250/mo in additional rent. Over $130,000 in recent CAPEX has been deployed and invested, including full unit renovations across all three apartments. Each unit received new flooring, full kitchens, and modernized bathrooms. The 3rd unit was completely gutted to the studs and rebuilt with a brand-new forced hot air heating system, blow-in insulation, new drywall, an in-unit sub-panel, and all new finishes throughout, offering a truly move-in-ready space. With strong rents, major systems and interiors already upgraded, and a desirable unit mix, this property delivers immediate cash flow and long-term stability. A rare opportunity to acquire a fully improved multifamily asset with minimal future maintenance needs. One of the parties to the LLC has an active real estate license.

5
beds

3
baths

1,838 Sq.Ft. LIVING AREA

0.26 Acres lot

Joseph Salzillo

Joseph Salzillo

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms3
  • full bathrooms3
  • Laundry room None

Area & Lot

  • Status For Sale
  • Living Area1,838 Sq.Ft.
  • Total Area1,838 Sq.Ft.
  • Lot Area0.26 Acres
  • MLS® ID24215690
  • TypeMulti-Family
  • YEAR BUILT1900
  • Architecture Styles3 updown - Unit(s) per Floor
  • Water FrontageNot Applicable
  • Elementary SchoolVogel-Wetmore
  • Middle SchoolTorrington
  • High SchoolTorrington

Exterior

  • water SourcePublic Water Connected
  • roofAsphalt Shingle
  • lot featuresLightly Wooded, Level Lot
  • parkingUnpaved, Off Street Parking
  • HEAT TYPEBaseboard, Hot Air, Hot Water
  • AIR CONDITIONINGNone
  • sewerPublic Sewer Connected
  • SubstructureStone
  • Disability FeaturesMultiple Entries/Exits
  • other exterior FeaturesBalcony, Deck, Gutters

Financial

  • Sales Price$399,900
  • Real Estate Tax $5,392/yr
  • Zoning R6
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Schedule a Showing

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Thank you for your interest in 59 Hill Street, Torrington, CT 06790. We are reviewing your request and will be in touch shortly!

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