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243 N Elm St

Torrington CT 06790

15
5
20
5755 sq. ft.
0.17 ac.
Multi-Family
Currently for sale - view listing

Overview

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!

Features

15 bedrooms
5 bathrooms
20 carspaces
5755 sq. ft. floor area
0.17 ac. lot size
Multi-Family

Property history for 243 N Elm St

2024
Sold
$550,000
28 May 2024 by Mike Gregor, of Cohen Agency SiM, LLC
2020
Rented
Undisclosed
18 Aug 2020 by Cohen Agency SiM, LLC
2019
Rented
Undisclosed
01 Jun 2019 by Cohen Agency SiM, LLC

Happy sellers in Torrington

100%
100% of sellers in Torrington reported that their sale price either exceeded or met their price expectations.

Torrington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Torrington over the last 12 months.

Local market activity for 15 bedroom multi families in Torrington

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