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$975,000 243 Elm, Torrington, CT

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$975,000

243 Elm, Torrington, CT

15 bedrooms5 full bathrooms5,755 square feet
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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! Agent is one of the owners.

Property Details

Property Details

MLS Number 24157670
List Price 975000
Status Active
Property Type Multi-Family For Sale
Property Sub Type 5 Family+
Beds Total 15
Baths Full 5
Baths Half 0
Total Rooms 24
Acres 0.17
Year Built 1900
Living Area SQFT Per Public Record 5755
Garages Number 0
Garage & Parking Parking Lot,Off Street Parking
Style Units on different Floors,Units are Side-by-Side
Basement Description Full
Fireplaces Total 0
Heat Type Hot Water
Heat Fuel Type Natural Gas
Cooling System None
Water Source Public Water Connected
Sewage System Public Sewer Connected
Direct Waterfront YN 0
Waterfront Description Not Applicable
Nearby Amenities Commuter Bus,Golf Course,Health Club,Lake,Library,Medical Facilities,Park,Shopping/Mall
Days on Market 221

Courtesy of Chris Carozza RE/MAX Right Choice. Source: SmartMLS. © 2026.

Listing information is provided by SmartMLS.

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