Incredible investment opportunity in a prime location - fully rented, renovated 3-family property with commercial zoning and strong income potential, right next to town green, Farmington Canal Trails. Ideally situated among professional offices on both sides of the property, and just steps from Plantsville Center, restaurants, bars, the Linear Trail, and major highway access, this well-maintained multi-family offers long-term tenant stability and excellent upside for future rent growth. The property features hardwood floors, tile, and carpeting throughout, updated kitchens and baths, new paint, lighting, and windows, plus washer/dryer hookups and individual storage units for each unit in the basement. A detached garage provides an additional opportunity for rental income, and tenants also benefit from access to a free municipal parking lot. Recent updates include a 2007 pitched roof, new flat roof in 2025, newer mechanical systems (approx. 6 years), gas conversion on both properties, and new Trex decking. The first-floor unit is enclosed and offers private parking and a separate private entrance. Current rents total approximately $4,850/month with significant upside. The second-floor bath features a tiled shower, and the third-floor unit includes a beautifully updated glass-enclosed shower. Units are fully rented with tenants ranging 2-8+ years, reflecting low turnover and respectful occupancy - rents have intentionally remained below market for long-term tenant retention.
Commission structure not available, using default of 2.5%
Make OfferJulie Corrado, Coldwell Banker Realty
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