68 days on market
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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

Public Remarks

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!

Map to Property at 243 Elm Street, Torrington CT 06790


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Residential Property Information for 243 Elm Street, Torrington CT 06790

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

Features
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
Utility Information

Hot Water System

Heat Type:

Fueled By: Baseboard.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle: Per Board of Ed

High School: Per Board of Ed

Marketing History

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

Listing Agent and Broker

List Agent Name: Chris Carozza

List Office Name: RE/MAX Right Choice