Tripp Hollow Road
Brooklyn, Connecticut
$860,000 Price
4 Bedrooms  

ATTENTION INVESTORS - HUGE OPPORTUNITY! 106A Tripp Hollow Rd, Brooklyn, CT Rare investment with cash flow + development upside on 23.5 acres in desirable Brooklyn, CT! Development Potential: Subdivide and build up to 7 new homes-ideal for a future residential community. Income-Producing Assets: * Small House - Currently rented...

ATTENTION INVESTORS - HUGE OPPORTUNITY! 106A Tripp Hollow Rd, Brooklyn, CT Rare investment with cash flow + development upside on 23.5 acres in desirable Brooklyn, CT! Development Potential: Subdivide and build up to 7 new homes-ideal for a future residential community. Income-Producing Assets: * Small House - Currently rented (under market); can rent for $1,700/mo. * Two Massive Buildings - Approx. 26,000+ SF & 20,000+ SF. Great for storage, office, studio, or workshop space. * Immediate Lease Option - Seller will lease 25% of one building at $2,500/mo. Infrastructure: * Full electrical throughout both buildings * HVAC in 30% of the larger building * Metal roofs + structural report * Pest inspections complete * The smaller building (20ksf) has structural report (needs 3rd floor & roof repair - seller says if fixed, price is 950k) Projected Income: $25K+/mo with $1M in upgrades. ROI potential over $2M combining rental, commercial, and residential development value! Seller has an engineering report proposal for building 7 houses and utilizing building space is in the works. Don't miss this rare, high-upside opportunity in Eastern CT!

Listing courtesy of Chabot Associates Real Estate

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Brooklyn, Connecticut
Type: House
Price: $860,000
Re Tax: $4,865
Date Listed: 4/23/2025
Approx. sqft: 2,220 sf
Web ID: 24089977

Info & Amenities

Type: Single Family
Rooms: 8.0
Bedrooms: 4
Bathrooms: 3.0
Built: 1940