$489,000

47 Commerce Avenue, Killingly, CT 06239

  • 8 beds |
  • 5 baths |
  • 4,400 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $111/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Investor alert! This professionally managed, fully occupied 5-family property is a rare turn-key opportunity delivering strong and consistent cash flow. All five units are currently leased, making this a seamless addition to your portfolio with income from day one. The building features a new roof. Tenants pay for their own electric heat and hot water, keeping operating costs low for the owner. This property will require commercial lending and is ideal for both new and seasoned investors looking for stable, hands-off income in a well-run asset.

Listing Status:
Coming Soon
Date Added:
July 22, 2025 at 09:21AM
Listing Office:
Compass Connecticut, LLC : (860) 572-9099
Listing Agent:
Jason Pollard : (860) 287-1976
MLS ID:
24112207

This listing courtesy of Jason Pollard, Compass Connecticut, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Killingly Memorial School

339 Main St, Danielson, CT, 06239

Grades 2-4

0.41 miles away

K

Killingly Intermediate School

1599 Upper Maple St, Dayville, CT, 06241

Grades 5-8

3.18 miles away

K

Killingly High School

226 Putnam Pike, Dayville, CT, 06241

Grades 9-12

3.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.