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243 Elm Street, Torrington CT 06790
Current Price: $1,150,000
15 beds
5 baths
5755 sq. ft
Last Update: 6/23/2025
Property Type: Multi-Family For Sale
ATTENTION INVESTORS! Turnkey 5-unit income-producing property in the desirable north end of town with a 7.72% cap rate! This fully occupied AND FULLY UPDATED multi-family includes one spacious 2-bedroom unit, three well-designed 3-bedroom units, and one 4 bedroom unit all with functional layouts. Recent upgrades include a new heating system and water heaters (2021), a newer roof, updated heating systems, and many replaced windows, ensuring minimal maintenance. The basement features newly added laundry and storage areas for tenant convenience. Additionally, the property comes with a SEPERATLY DEEDED LOT, currently serving as a large parking area, offering extra value and future potential. Dont miss this opportunity! All utilities are separate!
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MLS #: 24085219
Style: Units on different Floors,Units are Side-by-Side
Color: Blue
Total Rooms:
Bedrooms: 15
Bathrooms: 5
Acres: 0.17
Year Built: 1900 (Public Records)
New Construction: No/Resale
Home Warranty Offered:
Property Tax: $7,310
Zoning: LB
Mil Rate:
Assessed Value: $152,380
Potential Short Sale:
Square Footage: Estimated HEATED Sq.Ft. above grade is 5755; below grade sq feet total is ; total sq ft is 5755
Laundry Location & Info: | Coin Op Laundry Coin operated laundry room in basement |
Fireplaces: | 0 |
Energy Features: | Thermopane Windows |
Energy Features: | Thermopane Windows |
Basement Desc.: | Full |
Exterior Siding: | Vinyl Siding,Brick,Stucco |
Exterior Features: | Sidewalk,Gutters,Lighting |
Foundation: | Concrete |
Roof: | Asphalt Shingle,Flat |
Parking Spaces: | 0 |
Garage/Parking Type: | None,Parking Lot,Off Street Parking |
Swimming Pool: | 0 |
Waterfront Feat.: | Not Applicable |
Lot Description: | Level Lot |
Nearby Amenities: | Commuter Bus,Golf Course,Health Club,Lake,Library,Medical Facilities,Park,Shopping/Mall |
Occupied: | Tenant |
Hot Water System
Heat Type:
Fueled By: Baseboard.
Cooling: None
Fuel Tank Location:
Water Service: Public Water Connected
Sewage System: Public Sewer Connected
Elementary: Per Board of Ed
Intermediate:
Middle: Per Board of Ed
High School: Per Board of Ed
Current List Price: $1,150,000
Original List Price: $1,150,000
DOM: 68
Listing Date: 4/16/2025
Last Updated: 4/16/2025 8:41:35 PM
List Agent Name: Chris Carozza
List Office Name: RE/MAX Right Choice