About This Home

This 15-bedroom, 5-bathroom residential multi family at 243 N Elm Street in Torrington, CT is listed for $975,000 ($169 per sqft). Built in 1900, the home offers 5,755 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1900
  • 0.17 acre lot
  • 20 parking spaces

Property Details

5 full
20 spaces
1900
Listing 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! Agent is one of the owners.

Monthly Cost Estimate

$5,215/mo

20% down · 6.5% · 30 years

Principal$705
Interest$4,225
Insurance$284

Estimates only. Actual payments may vary.

Location

243 N Elm Street

Torrington, CT 06790

Features & Amenities

Exterior Features

Sidewalk,Gutters,Lighting

Property Details

Heating

Hot Water(Heating)

Questions & Answers

This 15-bedroom, 5-bathroom residential multi family at 243 N Elm Street is listed at $975,000 ($169/sqft). The estimated monthly payment is $5,214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.17 acre lot, 20 parking spaces. Exterior Features: Sidewalk,Gutters,Lighting.

This property is listed by Chris Carozza.

CC

Chris Carozza

Agent at RE/MAX Right Choice

Listed by RE/MAX Right Choice · Broker phone: (203) 268-1118 · View on Broker Site · Broker website

MLS# 24157670· Source: SmartMLS, Inc.· 232 days on PropertySimple

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

243 N Elm Street, Torrington, CT 06790

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