243 Elm Street

multifamily

243 Elm Street

Torrington, Connecticut 6790

Price

$975,000

Price/SF

$169.42/SF

Building Size

5,755 SF

Lot Size

0.17 acres

Year Built

1900

NOI

$72,092

Units

5

Property Description

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!

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Photo Gallery

243 Elm Street
243 Elm Street
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243 Elm Street
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243 Elm Street

Additional Details

Zoning

LB

MLS Number

24157670

Property ID

c5338459-99b2-4f0d-80c0-09be0820ecee

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MLS Information

MLS#: 24157670

Listed by: RE/MAX Right Choice

Agent: Chris Carozza • (203) 912-6819 • chriscarozza@gmail.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.