Welcome to this inviting two-family home on a level lot, perfect for comfortable living or investment. Each unit offers a spacious kitchen with an eat-in area, creating a warm, welcoming space for meals and gatherings. The bright, large living rooms are filled with natural light and feature beautiful hardwood floors throughout, adding character and style to the space. Each unit also includes modern appliances, ensuring convenience and functionality. This property is a great opportunity for multi-generational living or rental income. Don't miss out on this versatile gem!
All the hard work will be done soon! Own this Turn-Key Brand New Two Story 6 Unit Apartment Complex. Current Owner / Developer will have this ready for completion with a "Certificate of Occupancy" On or Before March 01, 2025. All apartments are 2 Bedrooms. Kitchens will include Electric Range/Oven, Refrigerator and Microwave. Heat and A/C by Energy Efficient Mini-Split Systems. First Floor apartments are all Handicap Accessible. On-Site Coin Operated Laundry Facility. City Water & City Sewer. Paved 12 car Parking Lot. Per Town Site Plan Approval, and by State Fire Code, this Building will be fully equipped with a Sprinkler System. Great opportunity for Investors to create their own Tenant Base. Ideal North End Neighborhood. Very close proximity to Grocery & Convenience Stores, Pharmacies, Banks, Boutique Retail & Personal Service Businesses, Movie Theater, Fitness Center and Food Outlets. This is an excellent Quality & Modern Rental Asset! What are you waiting for? Also Builder provides a One Year Warranty from Date Of Closing. Average projected Monthly Rental can be between $1,500.00 to $1,700.00.
Welcome to the market a unique opportunity to buy two houses on one well maintained corner lot. Both homes share a beautifully kept yard, with convenient parking between them. The larger home is a classic cape style house, featuring versatile spaces ideal for comfortable living. Inside currently you'll find a welcoming living room, a formal dining room, a fully equipped kitchen, two spacious bedrooms, and one and a half bathrooms. These rooms could be re-purposed to have three bedrooms with one on the main level, a single living room space and eliminate the designated dining room. Additionally, this home includes main level laundry for added convenience. Every room has maximum functionality for ease of living and comfort. The second home, currently rented, is a cozy two room residence with its own full bathroom, and laundry, offering a great source of rental income, a perfect guest house or multi-generational living. Both homes are in great condition with updated mechanical systems making this an easy choice for your next investment. HIGHEST AND BEST DUE WED 10/23 AT 12:00PM
Large 2 family home with 5 room first floor apartment and extra large 2nd floor apartment. 2nd floor is lovely and has 3-4 bedrooms. Nice 2nd floor deck and 3 car garage with garden area behind. Driveway is owned in part by owner and neighbor. Gas heat!
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.
Aluminum Sided 2,174 +/- Sq. Ft. 2-Family in easy access mid central location to Town Center. Has Standing Seam Metal Roof. 20'x35' Detached Garage. 0.37 Acre Lot with Good On-Site Parking. Separate Heat, Electric and Hot Water for each Rental Unit. New Natural Gas HW Heaters. Laundry Hook-Ups in Basement. Walk-Up Attic offers potential for 3rd floor apartment Stable Tenant Base. First Floor 3 Years and 10 Years for Second floor.
Attention Investors! Discover a remarkable opportunity at 291 E Main St, Torrington, CT - a turn-key Six-Unit Multi-Family building with a compelling 7.3% cap rate in a prime location. This income-generating property features two spacious 2-bedroom apartments and four well-appointed 1-bedroom units. Benefit from numerous recent upgrades, include newer high-efficiency gas boilers/water heaters, roof ripped and replaced in 2013, as well as updated windows throughout, all designed to minimize maintenance costs. Strategically located near major highways and the vibrant downtown Torrington area, this property offers residents easy access to a variety of shopping, dining, and entertainment options. The nearby Warner Theatre, Museums, Coe Memorial Park, and Burr Pond State Park provide ample recreational opportunities, enhancing tenant appeal. As an investor, you'll appreciate the potential for growth. With a conservative rental increase, this property could achieve a remarkable 9.2% Cap Rate, capitalizing on the strong Torrington rental market that has seen a steady increase over the past year and projected to grow 4.5% by early 2025.Don't miss this exceptional investment opportunity.
Don't miss this rare investment opportunity to purchase 6 units at one time in the Historic Warrenton Mill Complex - Offered as a package deal at below market value price! All units are currently rented, some below market value, giving room for improvement to the bottom line. Unit #1 and Unit #9 are 2 bedrooms units and offer over 1,000 square feet. Units #24, #26, #36, and #83 are 1 bedroom units ranging from 600- 800 square feet.
The median home value in Torrington, CT is $277,638. This is lower than the county median home value of $345,200. The national median home value is $338,100. The average price of homes sold in Torrington, CT is $277,638. Approximately 58.64% of Torrington homes are owned, compared to 27.72% rented, while 13.64% are vacant. Torrington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Torrington real estate agent to arrange a tour today!
Torrington, Connecticut has a population of 35,447. Torrington is less family-centric than the surrounding county with 22.08% of the households containing married families with children. The county average for households married with children is 26.17%.
The median household income in Torrington, Connecticut is $63,135. The median household income for the surrounding county is $84,797 compared to the national median of $69,021. The median age of people living in Torrington is 45.6 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 13.5 degrees. The average rainfall is approximately 52.6 inches per year, with 46.6 inches of snow per year.