Seller's Agent in 2024
Mike Gregor
Cohen Agency SiM, LLC
(860) 866-7470
73 in this area
147 Total Sales
63 Hoffman St Torrington, CT 06790
14
Beds
5
Baths
4,954
Sq Ft
0.46
Acres
Highlights
- Property is near golf course, public transit, and shops
- Baseboard Heating
- Coin Laundry
About This Home
As of August 2024ATTENTION INVESTORS: Turnkey 5-unit income producing property in the west end of town! This property features a 2-family home with two 3-bedroom apartments, a 3-family home with a 2 bedroom apartment and two 3-bedroom apartments, plus a 3-car carport. Plenty of off-street parking. All tenants pay their own utilities. Property is currently at an 8.1% CAP rate with potential for a 10%+ CAP rate at fair market rents with some improvements!
Last Agent to Sell the Property
Cohen Agency SiM, LLC License #REB.0791010 Listed on: 06/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,592
Year Built
- Built in 1900
Lot Details
- 0.46
Parking
- 3 Car Garage
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 4,954 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 14 Bedrooms
- 5 Full Bathrooms
Utilities
- Wall Furnace
- Baseboard Heating
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Additional Features
- 0.46 Acre Lot
- Property is near golf course, public transit, and shops
Community Details
- 5 Units
- Coin Laundry
- Gross Income $66,564
Listing and Financial Details
- Assessor Parcel Number 889460
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/26/2024 08/26/24 | Sold | $570,000 | +7.6% | $115 / Sq Ft | |
| 07/05/2024 07/05/24 | Pending | -- | -- | -- | |
| 06/29/2024 06/29/24 | For Sale | $529,900 | 0.0% | $107 / Sq Ft | |
| 11/08/2023 11/08/23 | Rented | $1,000 | +5.3% | -- | |
| 11/05/2023 11/05/23 | Under Contract | -- | -- | -- | |
| 10/03/2023 10/03/23 | For Rent | $950 | 0.0% | -- | |
| 09/03/2020 09/03/20 | Sold | $200,000 | +0.1% | $40 / Sq Ft | View Prior Sale |
| 08/15/2020 08/15/20 | Pending | -- | -- | -- | |
| 08/11/2020 08/11/20 | For Sale | $199,900 | 0.0% | $40 / Sq Ft | |
| 04/05/2020 04/05/20 | Rented | $625 | -7.4% | -- | |
| 02/28/2020 02/28/20 | Price Changed | $675 | -3.6% | $1 / Sq Ft | |
| 11/22/2019 11/22/19 | For Rent | $700 | -9.7% | -- | |
| 12/30/2018 12/30/18 | Rented | $775 | 0.0% | -- | |
| 12/30/2018 12/30/18 | Under Contract | -- | -- | -- | |
| 11/30/2018 11/30/18 | For Rent | $775 | +10.7% | -- | |
| 08/18/2016 08/18/16 | Rented | $700 | -6.7% | -- | |
| 06/24/2016 06/24/16 | For Rent | $750 | +20.0% | -- | |
| 09/11/2014 09/11/14 | Rented | $625 | -7.4% | -- | |
| 09/11/2014 09/11/14 | Under Contract | -- | -- | -- | |
| 07/08/2014 07/08/14 | For Rent | $675 | -- | -- |
Source: SmartMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,943 | $388,640 | $24,010 | $364,630 |
| 2024 | $7,592 | $158,260 | $24,010 | $134,250 |
| 2023 | $7,590 | $158,260 | $24,010 | $134,250 |
| 2022 | $7,460 | $158,260 | $24,010 | $134,250 |
| 2021 | $7,307 | $158,260 | $24,010 | $134,250 |
| 2020 | $7,307 | $158,260 | $24,010 | $134,250 |
| 2019 | $6,814 | $147,580 | $29,490 | $118,090 |
| 2018 | $6,814 | $147,580 | $29,490 | $118,090 |
| 2017 | $6,752 | $147,580 | $29,490 | $118,090 |
| 2016 | $6,752 | $147,580 | $29,490 | $118,090 |
| 2015 | $6,752 | $147,580 | $29,490 | $118,090 |
| 2014 | $6,895 | $189,850 | $40,260 | $149,590 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Gregor
-
Michelle Grant
Buyer's Agent in 2024
Michelle Grant
Coldwell Banker Premier Real Estate
(860) 480-0643
84 in this area
156 Total Sales
-
Wieslawa Fretto
W
Seller's Agent in 2020
Wieslawa Fretto
Cohen Agency
(860) 480-3547
35 in this area
44 Total Sales
-
K
Seller Co-Listing Agent in 2020
Kevin Hayes
Cohen Agency
-
Eniko Williams
Buyer's Agent in 2020
Eniko Williams
Cohen Agency SiM, LLC
(860) 294-1610
1 in this area
2 Total Sales
-
Gabrielle Peters
Seller's Agent in 2014
Gabrielle Peters
The Bella Group, LLC
(860) 868-0639
1 in this area
3 Total Sales
Map
Source: SmartMLS
MLS Number: 24029243
APN: TORR 007853
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