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243 North Elm Street, 
Torrington, CT 06790

$1,150,000

15

Beds

5

Baths

5,755

Sq Ft

Multi-Family

Active

Listed by

Chris Carozza

RE/MAX Right Choice

Last updated:

April 18, 2025, 11:29 AM

MLS#

24085219

Source:

CT

About This Home

243 North Elm Street

ATTENTION INVESTORS! Turnkey 5-unit income-producing property in the desirable north end of town with a 7.72% 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!

Home Facts

Multi-Family

5 Baths

15 Bedrooms

Built in 1900

Price Summary

1,150,000

$199 per Sq. Ft.

MLS #:

24085219

Last Updated:

April 18, 2025, 11:29 AM

Added:

20 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

15

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:

$1,150,000

Price per Sq. Ft:

$199 per Sq. Ft.

Source:CT
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.