ATTENTION INVESTORS! Turnkey 5-unit income-producing property in the desirable north end of town with a 7.72% 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!

Interior

  • AppliancesGas Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • LaundryCoin Op Laundry
  • BasementFull
  • A/CNone
  • HeatingBaseboard, Natural Gas
  • FireplaceFireplaces: 0
  • GeneralAuto Garage Door Opener, Cable - Available, Central Vacuum, Humidifier
  • RoomsFoyer, Gym, Mud Room

Exterior

  • StyleUnits on different Floors, Units are Side-by- Side
  • GeneralSidewalk, Gutters, Lighting
  • PoolGunite, In Ground Pool
  • ParkingParking spaces: 20

Construction

  • RoofingAsphalt Shingle, Flat

Location

  • CountyLitchfield
  • HOA AmenitiesGuest Parking, Paddle Tennis, Pool, Tennis Courts, Tennis, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pool Service, Road Maintenance, Insurance, $4,144 Monthly

Lot

  • ZoningLB, 882769
  • DrivewayPrivate
  • RestrictionsDeed Restrictions

Utilities

  • WaterPublic Water Connected
  • SewerPublic Sewer Connected

Financial

  • ExclusionsTBD

Listing History

  • 04/16/2025$1,150,000 @ $200 per ft²
  • 04/16/2025Active
  • 05/29/2024Sold
  • 04/02/2024Pending
  • 03/28/2024Active
  • 02/04/2024Pending
  • 01/20/2024Active
  • 01/20/2024$550,000 @ $96 per ft²
  • 07/27/2017$99,900 @ $17 per ft²
  • 07/27/2017Sold

Property Features

  • 882769
  • Asphalt Shingle
  • Auto Garage Door Opener
  • Baseboard
  • Cable Available
  • Central Vacuum
  • Coin Op Laundry
  • Deed Restrictions
  • Fireplaces: 0
  • flat
  • Foyer
  • Full
  • Grounds Maintenance
  • Guest Parking
  • Gunite
  • Gutters
  • Gym
  • Humidifier
  • In- Ground Pool
  • Insurance
  • LB
  • Lighting
  • Litchfield
  • Mud Room
  • Natural Gas
  • Paddle Tennis
  • Parking spaces: 20
  • Pool
  • Pool Service
  • Private
  • Property Management
  • Public Sewer Connected
  • Public Water Connected
  • Road Maintenance
  • Sidewalk
  • Snow Removal
  • Tbd
  • Tennis
  • Tennis Courts
  • Trash Pickup
  • Units are Side-by- Side
  • Units on different Floors

    Property Info

    Property Details

    Address: 243 North Elm Street, Torrington, Connecticut 06790