Excellent rental yield - current tenant is paying $22,200 per year thru June 2025!! In the heart of Kent sits Kent Town Center a hallmark of Litchfield County shopping. This 1st floor storefront location includes a parking lot entrance, center courtyard entrance and its own bathroom. Significant storage in the basement of 960 sqft is included in the sale. With views from Main Street, this amazing investment opportunity in a desirable location does currently have an active tenant; a built in income stream from day one! Very well run and managed building and communal areas, together with the large parking lot. Monthly CAM is $391.77. Starting June 2026 tenant is paying $23,400/yr.
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Listing courtesy of Christian Jensen, William Pitt Sotheby's Int'l Email: cjensen@wpsir.com
25 North Main Street, #5D, Kent, CT, 06757
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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