243 N Elm Street, Torrington, CT 06790 (MLS # 24157670)
ATTENTION INVESTORS! Turnkey 5-unit income-producing property in the desirable north end of town with a 7.25% 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!
Property Type(s):
Multi Family
|
Last Updated
|
4/7/2026
|
Year Built
|
1900
|
|
County
|
Litchfield
|
SCHOOLS
| Elementary School |
Per Board of Ed |
| Jr. High School |
Per Board of Ed |
| High School |
Per Board of Ed |
Price History
|
Prior to Apr 7, '26
|
$995,000 |
| Apr 7, '26 - Today |
$975,000 |
Additional Details
| AIR |
None |
| APPLIANCES |
Gas Water Heater |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Frame, Vinyl Siding |
| HEAT |
Hot Water, Natural Gas |
| LOT |
7405 sq ft |
| LOT DESCRIPTION |
Level |
| PARKING |
Off Street, Parking Lot |
| SEWER |
Public Sewer |
| STYLE |
Units are Side-by-Side, Units on different Floors |
| TAXES |
14774 |
| WATER |
Public |
| ZONING |
LB |
Location
Listing courtesy of RE/MAX Right Choice
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This IDX solution is (c) Diverse Solutions 2026.