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47 Commerce Ave, Killingly, CT 06239

$485,000
: 8
BD
: 5
BA
: 4,400
SqFt

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Sold Price: $485,000
List Price: $489,000
Status: CLOSED
MLS#: 24112207
Closing Date: Oct 29, 2025
Year Built: 1900
Style: Other
Bedrooms: 8
Bathrooms: 5
Acres: 0.27
Living Area: 4,400

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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.

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Additional Information

Taxes: $4,798
Lot Size: 11,761
Heating: Baseboard
Cooling System Type: None
Water Source: Public
Basement: Full
Parking Spaces: 7
Elementary School: Per Board of Ed
High School: Per Board of Ed