Seller's Agent in 2025
Chris Carozza
RE/MAX
(203) 912-6819
1 in this area
299 Total Sales
243 N Elm St Torrington, CT 06790
14
Beds
5
Baths
5,755
Sq Ft
7,405
Sq Ft Lot
Highlights
- Property is near public transit
- Baseboard Heating
- Coin Laundry
- Thermal Windows
About This Home
As of May 2024ATTENTION 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.
Last Agent to Sell the Property
Cohen Agency SiM, LLC License #REB.0791010 Listed on: 01/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,308
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Side-by-Side
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Masonry Siding
- Vinyl Siding
- Stucco Exterior
Interior Spaces
- 5,755 Sq Ft Home
- Thermal Windows
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 14 Bedrooms
- 5 Full Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
- Property is near shops
- Property is near a golf course
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
- 5 Units
- Coin Laundry
Listing and Financial Details
- Assessor Parcel Number 882769
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | For Sale | $1,150,000 | +109.1% | $200 / Sq Ft |
| 05/28/2024 05/28/24 | Sold | $550,000 | 0.0% | $96 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 03/28/2024 03/28/24 | For Sale | $550,000 | 0.0% | $96 / Sq Ft |
| 02/04/2024 02/04/24 | Pending | -- | -- | -- |
| 01/20/2024 01/20/24 | For Sale | $550,000 | 0.0% | $96 / Sq Ft |
| 08/18/2020 08/18/20 | Rented | $850 | 0.0% | -- |
| 08/12/2020 08/12/20 | Under Contract | -- | -- | -- |
| 08/10/2020 08/10/20 | For Rent | $850 | 0.0% | -- |
| 06/01/2019 06/01/19 | Rented | $850 | 0.0% | -- |
| 06/01/2019 06/01/19 | Under Contract | -- | -- | -- |
| 05/14/2019 05/14/19 | For Rent | $850 | 0.0% | -- |
| 04/24/2019 04/24/19 | Under Contract | -- | -- | -- |
| 03/26/2019 03/26/19 | For Rent | $850 | -5.6% | -- |
| 12/08/2018 12/08/18 | Rented | $900 | +5.9% | -- |
| 10/31/2018 10/31/18 | Under Contract | -- | -- | -- |
| 10/26/2018 10/26/18 | For Rent | $850 | 0.0% | -- |
| 05/11/2017 05/11/17 | Sold | $266,000 | -9.8% | $46 / Sq Ft |
| 01/10/2017 01/10/17 | For Sale | $295,000 | 0.0% | $51 / Sq Ft |
| 12/04/2016 12/04/16 | Pending | -- | -- | -- |
| 11/14/2016 11/14/16 | For Sale | $295,000 | -- | $51 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Chris Carozza
-
Mike Gregor
Seller's Agent in 2024
Mike Gregor
Cohen Agency SiM, LLC
(860) 866-7470
83 in this area
163 Total Sales
-
Marshall Cohen
M
Seller's Agent in 2017
Marshall Cohen
Cohen Agency
(860) 307-2594
90 in this area
122 Total Sales
Map
Source: SmartMLS
MLS Number: 170620062
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