About This Property

Three-family investment opportunity at 34-38 Wolcott Avenue in Torrington, offered at $325,000. Featuring two 2-bedroom units and one 1-bedroom unit, this property offers existing rental income with additional upside through improvements and potential market rent adjustments. Unit 34 is occupied at $1,225 per month, Unit 36 is occupied at $1,200 per month, and Unit 38 is vacant and in need of turnover. Current scheduled rents total $2,425 per month from the two occupied units, with the potential for additional income once the vacant unit is renovated and rented. The property features vinyl siding, two levels of covered front porches, multiple entrances, and off-street parking. An opportunity for investors looking to expand their portfolio, address deferred maintenance, and work toward market-level rental income. Property is being sold strictly as-is, with all existing contents to remain.

Property Details