1. Connecticut
  2. Torrington
  3. 243 North Elm Street
$1,150,000

243 North Elm Street, Torrington, CT 06790

  • 15 beds |
  • 5 baths |
  • 5,755 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $200/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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. Don't miss this opportunity! All utilities are separate!

Listing Status:
Active
Date Added:
April 16, 2025 at 08:41PM
Listing Office:
RE/MAX Right Choice : (203) 614-8711
Listing Agent:
Chris Carozza : (203) 912-6819
MLS ID:
24085219
  • Laundry: Coin Op Laundry
  • Basement: Full
  • A/C: None
  • Heating: BaseboardNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Chris Carozza, RE/MAX Right Choice

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Forbes Elementary School

500 Migeon Ave, Torrington, CT, 06790

Grades 4-5

0.25 miles away

T

Torrington Middle School

200 Middle School Dr, Torrington, CT, 06790

Grades 6-8

3.34 miles away

T

Torrington High School

50 Major Besse Dr, Torrington, CT, 06790

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.