Sold for $485,000

$485,000

47 Commerce Avenue, Killingly, CT 06239

8beds

4,400sqft

Multi Family

Built in 1900

-- sqft lot

$510,800 Zestimate^®

$110/sqft

$1,704 Estimated rent

Home value

$510,800

$414,000 - $628,000

$1,704/mo

Zestimate^® history

Owner options

List your home for rent

$1,704/mo

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$1,704/mo

Rent Zestimate^®

Refinance and save

$3,292/mo

Est. payment

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$3,292/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5
Full bathrooms: 5

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Electric Water Heater, Water Heater
Laundry: None

Features

Basement: Full
Attic: None
Has fireplace: No

Interior area

Total structure area: 4,400
Total interior livable area: 4,400 sqft
Finished area above ground: 4,400

Property

Parking

Total spaces: 7
Parking features: None, Off Street, Driveway, Unpaved, Gravel
Has uncovered spaces: Yes

Features

Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Waterfront, River Front

Lot

Size: 0.27 Acres
Features: Few Trees, Wooded

Details

Parcel number: 1688342
Zoning: I

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter, Stone
Roof: Asphalt

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Near Public Transport

Location

Region: Danielson
Subdivision: Danielson

Price history

Date	Event	Price
10/29/2025	Sold	$485,000-0.8%$110/sqft
Source: Smart MLS #24112207 Report a problem
8/24/2025	Pending sale	$489,000$111/sqft
Source: Smart MLS #24112207 Report a problem
8/19/2025	Listed for sale	$489,000$111/sqft
Source: Smart MLS #24112207 Report a problem
8/10/2025	Pending sale	$489,000$111/sqft
Source: Smart MLS #24112207 Report a problem
7/26/2025	Listed for sale	$489,000+88.1%$111/sqft
Source: Smart MLS #24112207 Report a problem
8/26/2022	Sold	$260,000-4.6%$59/sqft
Source: Smart MLS #170496233 Report a problem
7/1/2022	Contingent	$272,500$62/sqft
Source: Smart MLS #170496233 Report a problem
6/1/2022	Listed for sale	$272,500$62/sqft
Source: Smart MLS #170496233 Report a problem
5/28/2022	Listing removed	--
Source: Smart MLS #170436520 Report a problem
5/27/2022	Listed for sale	$272,500$62/sqft
Source: Smart MLS #170436520 Report a problem
10/15/2021	Contingent	$272,500+21.1%$62/sqft
Source: Smart MLS #170436520 Report a problem
1/31/2012	Listed for sale	$225,000+253.5%$51/sqft
Source: DIVERSIFIED REAL ESTATE, LLC #E252945 Report a problem
12/24/2010	Sold	$63,650$14/sqft
Source: Smart MLS #G568351 Report a problem