$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 Listed on: 05/21/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Ryan De Lello

William Pitt Sotheby's Internatiomal Realty License #RES.0819183

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

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Range of Values:

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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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24019517

SmartMLS

APN: TORR 006939