More about this Property
If you are interested in more information or having a tour of this property with an experienced agent, please fill out this quick form and we will get back to you!
238 Main Street, Torrington CT 06790
Current Price: $425,000
7 beds
4 baths
2648 sq. ft
Last Update: 6/18/2025
Property Type: Multi-Family For Sale
Dont miss this excellent opportunity to own a fully rented 4-unit multifamily property offering solid returns and long-term stability. This well-maintained building includes a diverse mix of units: 1x1BR, 1x1BR+Office Room, 1x2BR+Office room, 1x3BR+Office room; two of the units are equipped with in-unit laundry hook-ups, and current washer/dryer units are tenant-owned. All apartments are currently rented to reliable tenants on leases, ensuring immediate cash flow and low vacancy risk. Located close to major highways in a highly desirable area, the property offers convenience and accessibility. Outside, youll find ample off-street parking in the rear, a paved driveway, and a shared grilling and entertainment area-a bonus for tenant satisfaction and retention. With an approximate 8% cap rate, this property is a strong investment whether youre looking to expand your portfolio or start one.
GPS Friendly, parking in the back of the building.
MLS #: 24102525
Style: Units on different Floors
Color:
Total Rooms:
Bedrooms: 7
Bathrooms: 4
Acres: 0.17
Year Built: 1910 (Public Records)
New Construction: No/Resale
Home Warranty Offered:
Property Tax: $5,151
Zoning: LB-R
Mil Rate:
Assessed Value: $107,390
Potential Short Sale:
Square Footage: Estimated HEATED Sq.Ft. above grade is 2648; below grade sq feet total is ; total sq ft is 2648
Laundry Location & Info: | Washer/Dryer Some Units Two apartments have wash/dryer. |
Fireplaces: | 0 |
Basement Desc.: | Full |
Exterior Siding: | Vinyl Siding |
Foundation: | Stone |
Roof: | Asphalt Shingle |
Garage/Parking Type: | None,Off Street Parking,Unpaved |
Swimming Pool: | 0 |
Waterfront Feat.: | Not Applicable |
Lot Description: | N/A |
Occupied: | Tenant |
Hot Water System
Heat Type:
Fueled By: Hot Water.
Cooling: Ceiling Fans,Window Unit
Fuel Tank Location:
Water Service: Public Water Connected
Sewage System: Public Sewer Connected
Elementary: Per Board of Ed
Intermediate:
Middle:
High School: Per Board of Ed
Current List Price: $425,000
Original List Price: $425,000
DOM: 8
Listing Date: 6/10/2025
Last Updated: 6/11/2025 12:28:21 PM
List Agent Name: Jessica Chavez
List Office Name: Turning Point Realty, LLC