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About This Home
This 15-bedroom, 5-bathroom residential multi family at 243 N Elm Street in Torrington, CT is listed for $975,000 ($169 per sqft). Built in 1900, the home offers 5,755 sqft of living space on a 0.17 acres lot.
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!
Key Features
- Built in 1900
- 0.17 acre lot
- 20 parking spaces
Property Details
Monthly Cost Estimate
$5,215/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
243 N Elm Street
Torrington, CT 06790
Features & Amenities
Exterior Features
Property Details
Heating
Questions & Answers
This 15-bedroom, 5-bathroom residential multi family at 243 N Elm Street is listed at $975,000 ($169/sqft). The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.17 acre lot, 20 parking spaces. Exterior Features: Sidewalk,Gutters,Lighting.
This property is listed by Chris Carozza and can be reached at 2039126819 or chriscarozza@gmail.com.