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Property view

243 North Elm Street, 
Torrington, CT 06790

$550,000

14

Beds

5

Baths

5,755

Sq Ft

Multi-Family

Sold

Listed by

Mike Gregor

Cohen Agency Sim, LLC.

MLS#

170620062

Source:

CT

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About This Home

243 North Elm Street

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.

Home Facts

Multi-Family

5 Baths

14 Bedrooms

Built in 1900

Price Summary

550,000

$95 per Sq. Ft.

MLS #:

170620062

Rooms & Interior

Bedrooms

Total Bedrooms:

14

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

5,755 Sq. Ft.

Structure

Structure

Architectural Style:

Units are Side-by-Side

Building Area:

5,755 Sq. Ft.

Year Built:

1900

Lot

Lot Size (Sq. Ft):

7,405

Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$95 per Sq. Ft.

Source:CT
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