243 N Elm St, Torrington, CT 06790

$975,000
15
BD
5
BA
5,755
SqFt

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List Price
$975,000
Status
ACTIVE
MLS#
24157670
Price Change
▼ $20,000 1775604178
Year Built
1900
Bedrooms
15
Bathrooms
5
Acres
0.17
Living Area
5,755
Neighborhood
N/A

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!

Additional Information

Taxes
$14,774
Lot Size
7,405
Heating
Hot Water
Cooling System Type
None
Water Source
Public
Basement
Full
Exterior Features
Sidewalk, Lighting
Parking Spaces
20
Elementary School
Per Board of Ed
Middle School
Per Board of Ed
High School
Per Board of Ed

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Chris Carozza from RE/MAX Right Choice. (203) 912-6819 (203) 614-8711

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