BEDS15
BATHS5 full
SQUARE FEET5,755
MLS#24157670
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Cooling: None
Fuel Type: Natural Gas
Heating: Hot Water
Home Style: Units on different Floors, Units are Side-by-Side
Lot Size: 0.17 Acres
Roof Type: Asphalt Shingle, Flat
Taxes: $14,774
Year Built: 1900
Feature Descriptions
Days on Site: 129
Energy Saving Features: Thermopane Windows
Exterior: Sidewalk, Gutters, Lighting
Exterior: Vinyl Siding
Lot: Level Lot
Parking Spaces: 20
Sewer: Public Sewer Connected
Units: 5
Water: Public Water Connected
Waterfront: Not Applicable
Local Schools
High School: Per Board of Ed
Elementary School: Per Board of Ed
Listed By / Shown By
Listing By
Agency Name: RE/MAX Right Choice
Agent Name: Chris Carozza
Agency Phone: (203) 6148711
Shown By
Agency Title: Bain Real Estate
Agency Phone: (860) 927-4646
Estimate Your Payment
Estimated Payment
$ 3,685.47 per month $2,169.93 Principal & Interest $1,231.17 Property Tax $284.38 Homeowner's Insurance
243 North Elm | MLS# 24157670
This multi-family property located at 243 North Elm, Torrington, CT 06790 is currently listed for sale with an asking price of $975,000. Search Torrington real estate on www.bainrealestate.com today.