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!
Features
- Heating System:
- Hot Water
- Cooling System:
- No
- Basement:
- Full
- Foundation Type:
- Concrete
- Heat Fuel Type:
- Natural Gas
- Exterior Features:
- Gutters, Lighting, Sidewalk
- Exterior Siding:
- Vinyl Siding
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 20
- Hot Water Description:
- Natural Gas, 30 Gallon Tank
- Lot Description:
- Level Lot
- Water Source:
- Public Water Connected
Address Map
- Street:
- Elm
- Street Number:
- 243
- Floor Number:
- 0
- Longitude:
- W74° 52′ 19.1”
- Latitude:
- N41° 48′ 43.8”
- Street Dir Prefix:
- North
MLS Addon
- Office Name:
- RE/MAX Right Choice
- Agent Name:
- Chris Carozza
- List Agent MLSID:
- CAROZZAC
- List Office MLSID:
- 13450
- Tax Year:
- July 2025-June 2026
- Directions:
- use GPS
- Elementary School:
- Per Board of Ed
- High School:
- Per Board of Ed
- HOA Fee Amount:
- $0
- Parcel Number:
- 882769
- Property Tax:
- $14,774
- Zoning:
- LB
Multi-family For Sale
243 Elm, Torrington, 06790
15 Bedrooms
5 Bathrooms
5,755 Sqft
$975,000
Listing ID #24157670
Basic Details
- Property Type :
- Multi-family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24157670
- Price :
- $975,000
- Bedrooms :
- 15
- Baths Total :
- 5
- Bathrooms :
- 5
- Half Bathrooms :
- 0
- Square Footage :
- 5,755 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.17 Acre
- City:
- Torrington
- Zipcode:
- 06790
- Property Sub Type :
- 5 Family+
- Style :
- Units on different Floors,Units are Side-by-Side
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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