243 North Elm Street Torrington, CT $ 550,000
243 North Elm Street
$ 550,000
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243 North Elm Street

Torrington, CT, 06790
$ 550,000
Bedrooms14 Baths5.0 Sq 5,755

Monthly Estimate*

$ 3,842

243 North Elm Street, Torrington, CT 06790 - Image 1
243 North Elm Street, Torrington, CT 06790 - Image 2
243 North Elm Street, Torrington, CT 06790 - Image 3
243 North Elm Street, Torrington, CT 06790 - Image 4
243 North Elm Street, Torrington, CT 06790 - Image 5
243 North Elm Street, Torrington, CT 06790 - Image 6
243 North Elm Street, Torrington, CT 06790 - Image 7
243 North Elm Street, Torrington, CT 06790 - Image 8
243 North Elm Street, Torrington, CT 06790 - Image 9
243 North Elm Street, Torrington, CT 06790 - Image 10

Multi-Family Home for sale in Torrington, CT

for $550,000 with 14 bedrooms and 5 full baths. This 5,755 square foot home was built in 1900 on a lot size of 0.17.

ATTENTION INVESTORS: Turnkey 5-unit income producing property in the north end of town! This property features one 2 bedroom unit, plus four 3 bedroom units, all with attractive floor plans. Recent updated include a new heating system and water heaters in 2021. Property is at a 6.7% CAP rate at current rates, with potential for a 8.5% CAP rate at fair market rents. Lots of recent updates including a newer roof, updates to heating systems, many windows have been replaced, installation of laundry room/storage areas in basement. This property conveys with a separately deeded building lot, which is currently utilized as a large parking lot.

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Multi-Family Pending

Price

$ 550,000

Bedrooms

14

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

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

Lot Size

0.17

Year Built

1900

Town/City

Torrington

MLS | Web ID

170620062

Features
General
Exterior Features Sidewalk Gutters Lighting
Zoning LB
Full Baths 5
Half Baths 0
Year Built 1900
Neighborhood N/A
Subdivision N/A
Style Units on different Floors Units are Side-by-Side
Heater Type Baseboard
County Litchfield
Property SubType 5 Family+
Tax Year July 2023-June 2024
Property Type Multi-Family For Sale
Status Under Contract
Acres 0.17
Directions GPS
High School Per Board of Ed
City Torrington
Energy Features Thermopane Windows
Street Name Elm
Elementary School Per Board of Ed
Sq Ft Total 5755
DOM 17
Video Tour Y/N 0
Year Built Source Public Records
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Interior
Cooling System None
Basement Description Full
Total Fireplaces 0
Total Rooms 24
Hot Water Natural Gas 30 Gallon Tank
Total Bathrooms 5
Total Bedrooms 14
Total Number of Units 5
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Exterior
Water Source Public Water Connected
Garage Parking None
Lot Description Lightly Wooded Level Lot
Pool? 0
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Internal Only
Street Number 1 243
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* Excluded Features
List By
Mike Gregor

Listing Agent

Cohen Agency Sim, Llc

Broker

mike@sellitmike.com

Email

Affordability Calculator

$3,842
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
896384 Elementary School
895652 Middle School
Per Board Of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2024$550,000 Listed Price

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243 North Elm Street, Torrington, CT, 06790 is a Multi-Family Home for sale at $550,000 with 5,755 sqft and a lot size of 0.17. 243 North Elm Street has 14 bedrooms, 5.0 baths, and was built in 1900. The property's zip code is 06790 which is in Torrington, CT