243 North Elm Street new

Torrington,CT 06790

$ 1150000

15 Beds

5 Baths

5755 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 5,755 sqft

Price per Sqft $199

MLS Listing ID 24085219

Style Units on different Floors,Units are Side-by-Side

Bedrooms 15

Full Baths 5

Year Built 1900

Annual Tax Amount $7,310

Lot Size 7,405 Sqft

Property Sub-Type 5 Family+

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!

Location

State CT

County Litchfield

Zoning LB

Rooms

Basement Full

Interior

Heating Baseboard

Cooling None

Exterior

Exterior Feature Sidewalk,Gutters,Lighting

Parking Features None,Parking Lot,Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle,Flat

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

Middle Schools Per Board Of Ed

High Schools Per Board Of Ed

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