List price is starting bid at TenX live bid on 3/3 Southgate presents an easily accessible two-story, 10-unit apartment building just outside of one of Torrington’s amenity-rich retail corridors. Excellently situated at 413 S Main Street, this multifamily asset is west of the Naugatuck River within a cozy small city in Connecticut positioned 27 miles from Downtown Hartford. The building stands at 9,606 square feet and features on-site surface parking. This fully occupied property is primed for a new investor seeking to add a lucrative acquisition to their portfolio for passive and consistent income. 6 of the large one bedroom units can be divided to create 2 bedroom units leading to significantly increased rent and upside. Rents are far below allowable rent leading to significant upside although can accommodate market rents. 8 unit building is also zoned as condominium and can be sold off separately in the future. Washer and dryer in every unit.

Exterior

  • ImprovementsApproved Building Lot, Lot Staked, Rough Graded
  • StyleUnits are Side-by- Side
  • GeneralFruit Trees, Porch, Deck, Gutters, Lighting, French Doors, Patio
  • ParkingParking spaces: 6
  • Other StructuresGarden shed
  • PoolHeated, Tile, In Ground Pool

Location

  • Road/Access289 feet
  • CountyLitchfield
  • HOA AmenitiesPrivate Rec Facilities, Snow Removal, Property Management, Road Maintenance, $140 Monthly
  • Originating MLSColumbia Greene Northern Dutchess MLS
  • School DistrictTaconic Hills

Lot

  • Zoningtown, 999999999
  • DrivewayPrivate, Paved
  • ViewCountry, Far Reaching, Farmland, Mountain, Panoramic, Pastoral, Water, Creek/ Stream, Meadow, Rural, Trees/ Woods
  • RestrictionsYes
  • Current UseHobby Farm, Pasture
  • FencingFenced
  • Topographyflat to gentle hill

Utilities

  • UtilitiesOn Road
  • WaterPublic Water Connected
  • SewerSeptic

Interior

  • LaundryAll Units Have Hook- Ups
  • BasementFull
  • A/CWindow Unit
  • HeatingBaseboard, Electric
  • FireplaceFireplaces: 1
  • AppliancesGas Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • GeneralCentral Vacuum, Security System
  • FlooringCeramic, Hardwood, Pine, Tile, Wideboard, Wood, Concrete
  • Eco/Green FeatureSolar Owned
  • RoomsLaundry Room, Mud Room
  • Disability FeatureAccessible Bedroom, Accessible Full Bath

Construction

  • RoofingAsphalt Shingle
  • GeneralBlock, Energy Star, Frame, Concrete, Center Hall, Colonial, Contemporary, Farm House, Modern, Traditional, Block, Poured Concrete
  • WindowsCasement, Double Hung, Display, Insulated, Screens, Thermopane

Financial

  • SourceColumbia Greene Northern Dutchess MLS
  • ExclusionsTiffany Chandelier in Kitchen. Wood Stove

Listing History

  • 01/26/2025$550,000 @ $56 per ft²
  • 01/26/2025Active

Property Features

  • 289 feet
  • 999999999
  • Accessible Bedroom
  • Accessible Full Bath
  • All Units Have Hook- Ups
  • Approved Building Lot
  • Asphalt Shingle
  • Baseboard
  • Block
  • Casement
  • Center Hall
  • Central Vacuum
  • Ceramic
  • Colonial
  • Columbia Greene Northern Dutchess MLS
  • Concrete
  • Contemporary
  • Country
  • Creek/ Stream
  • Deck
  • Display
  • Double Hung
  • Electric
  • Energy Star
  • Far Reaching
  • Farm House
  • Farmland
  • Fenced
  • Fireplaces: 1
  • Flat to gentle hill
  • Frame
  • French Doors
  • Fruit Trees
  • Full
  • Garden shed
  • Gutters
  • Hardwood
  • Heated
  • Hobby Farm
  • In- Ground Pool
  • Insulated
  • Laundry Room
  • Lighting
  • Litchfield
  • Lot Staked
  • Meadow
  • Modern
  • Mountain
  • Mud Room
  • On Road
  • Panoramic
  • Parking spaces: 6
  • Pastoral
  • Pasture
  • Patio
  • Paved
  • Pine
  • Porch
  • Poured Concrete
  • Private
  • Private Rec Facilities
  • Property Management
  • Public Water Connected
  • Road Maintenance
  • Rough Graded
  • Rural
  • Screens
  • Security System
  • Septic
  • Snow Removal
  • Solar Owned
  • Taconic Hills
  • Thermopane
  • Tiffany Chandelier in Kitchen. Wood Stove
  • Tile
  • town
  • Traditional
  • Trees/ Woods
  • Units are Side-by- Side
  • Water
  • Wideboard
  • Window Unit
  • Wood
  • Yes

    Residential Info

    Property Details

    Address: 405-413 S. Main Street, Torrington, Connecticut 06790