$270,000
SOLD JUN 14, 2024

40 Mortimer St Torrington, CT 06790

7 Beds
3 Baths
1,974 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

2% Below List Price

24 Days on Market

Highlights

  • Attic
  • Baseboard Heating
  • Level Lot
  • Property is near shops

About This Home

As of June 2024

This is your opportunity to put your finishing touches and own this income-generating property! 2 properties on one lot. One building with 2 units on different floors and one unit above the 2 car garage, adding another 1000 square feet of living. Bring your vision to finish what the owner started and make it your own. Whether you're an investor or a first-time homebuyer, this home allows you to put your creativity to the test. The main building offers spacious units perfect for rental income, while the garage unit provides additional revenue potential or an ideal space for a personal studio or office. Situated in a desirable neighborhood with strong rental demand, this property is a fantastic investment opportunity. This home needs work to shine again and is conveniently located near shopping and major highways. Don't miss the chance to customize and capitalize on this versatile multi-family property!

Last Agent to Sell the Property

Pascale Nejaime

William Pitt Sotheby's Int'l License #RES.0810591

William Pitt Sotheby's Int'l

Last Buyer's Agent

Ryan De Lello

William Pitt Sotheby's Int'l License #RES.0819183

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,173

Year Built

  • Built in 1951

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 1,974 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Torrington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 888556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,173

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Other
  • Sq Ft Est Heated Above Grade: 1974
  • Total Sq Ft: 1974
  • Year Built: 1951
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Public Pool, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Per GPS
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Storage Space, Walk-up
  • Basement Description: Full, Unfinished, Dirt Floor
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 3
  • Garage And Parking: Detached Garage, Under House Garage

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Torrington

Lot Info

  • Acres: 0.21
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R6
  • Parcel #: 888556

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6173
  • Total Assessed Value: 128710
  • Mil Rate Total: 47.96

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Torrington

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Torrington, CT

  • 218 Oak Ave, Torrington, CT 06790

    $299,500

    • 6 Beds
    • 2 Baths
    • 1,670 Sq Ft
    • 218 Oak Ave
    • Torrington, CT

    2-unit property. Both units are currently leased to December 2024. Each tenant is provided with laundry and separate storage in the basement. Conveniently located across the street from Cleveland's Country Store. Easy access to highways, parks, and other amenities.

    Brian Watson Berkshire Hathaway NE Prop.

    Section Image
  • 20 E Center St, Torrington, CT 06790

    $339,900

    • 6 Beds
    • 2 Baths
    • 2,653 Sq Ft
    • 20 E Center St
    • Torrington, CT

    Centrally located 2 multifamily, 2 car detached garage. Natural gas heat, Separate Utilities, 3 season enclosed porches, 1st fl is occupied, 2nd floor is remodeled & move in ready. 2nd floor furnace 7yrs. Next owner can install a cooling condenser to have central air in the 2nd fl unit. 3bedrooms, 1 full bath in each unit. 1st floor needs some updating. AS IS sale & quick close possible. Perfect

    Diane Carroll The Washington Agency

    Section Image
  • 99 E Pearl St, Torrington, CT 06790

    $324,900

    • 5 Beds
    • 2 Baths
    • 2,172 Sq Ft
    • 99 E Pearl St
    • Torrington, CT

    Centrally located 2-family home, ideal for investment or owner occupied with immediate occupancy! This property features a 2 bedroom, 1 bath apartment on the 1st floor, and a 3 bedroom, 1 bath apartment on the 2nd floor, plus private fenced off decks for each unit on opposite sides of the house. The unfinished attic offers potential for additional living space. Separate utilities for both units

    Mike Gregor Cohen Agency SiM, LLC

    Section Image
  • 100 Roosevelt Ave, Torrington, CT 06790

    $289,900

    • 5 Beds
    • 2 Baths
    • 1,862 Sq Ft
    • 100 Roosevelt Ave
    • Torrington, CT

    2 family on Torrington's west side with detached 2 car garage, well maintained backyard and plenty of space. Upstairs 3br rented for 1400 on a month to month basis and downstairs 2br renovated and available for new owner or tenant.

    Karan Garewal Winwin Realty

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $270,000 -1.8% $137 / Sq Ft
05/21/2024 05/21/24 For Sale $275,000 +31.0% $139 / Sq Ft
01/19/2022 01/19/22 Sold $210,000 -2.7% $106 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $215,900 -- $109 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24019517

SmartMLS

APN: TORR 006939