Torrington CT Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
4
Lot size:
0.17 Acres
Year built:
1920
Baths:
2.00
MLS#:
24057158
Subdivision:
N/A

ADDITIONAL INFORMATION

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!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.33 Acres
Year built:
2024
Baths:
6.00
MLS#:
24055686
Subdivision:
N/A

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Lot size:
0.11 Acres
Year built:
1940
Baths:
3.00
MLS#:
24053630
Subdivision:
N/A

ADDITIONAL INFORMATION

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

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.14 Acres
Year built:
1920
Baths:
3.00
MLS#:
24051075
Subdivision:
N/A

ADDITIONAL INFORMATION

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!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.08 Acres
Year built:
1920
Baths:
2.00
MLS#:
24046386
Subdivision:
N/A

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.37 Acres
Year built:
1910
Baths:
2.00
MLS#:
24038585
Subdivision:
N/A

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.14 Acres
Year built:
1920
Baths:
6.00
MLS#:
24026201
Subdivision:
N/A

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.01 Acres
Year built:
1987
Baths:
8.00
MLS#:
24010332
Subdivision:
N/A

ADDITIONAL INFORMATION

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.

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Davis E. Owen, Sr., License REB.0754414, Xome CT LLC, License REB.0790146 , [email protected], 844-400-XOME (9663), 2083 Main Street, Stratford, CT 06615


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.



Torrington Real Estate

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.

Torrington Weather

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.

Torrington Real Estate Market Conditions

  • Median sales price

    $277,638
    13.4% change since last quarter
  • # Active listings

    85
    30-day change

Torrington Schools and Demographics

Education near Torrington, CT

Metric City County
High School Graduates 89.9 93.89
College Degree - 2 year 9.7 9.19
College Degree - 4 year 22.47 36.19
Graduate Degree 7.8 11.56
Expenditures per Student 26,218 26,218
Students per Teacher 11.5 11.5

Elementary Schools near Torrington, CT

School Grades Students P/T Ratio ZIP
Ann Antolini School 03 - 06 310 12.6 06057
Bakerville Consolidated School KG - 02 115 15.1 06057
Batcheller Early Education Center PK - 01 186 12.6 06098
East School KG - 05 361 12.9 06790
Forbes School KG - 05 373 11 06790
Goshen Center School KG - 06 150 10.7 06756
Harwinton Consolidated School PK - 04 417 12.9 06791
Mary P. Hinsdale School 02 - 04 241 11.9 06098
New Hartford Elementary School PK - 02 75 13.6 06057
Southwest School KG - 05 329 12.7 06790
Torringford School KG - 05 615 13.4 06790
Vogel-Wetmore School PK - 05 478 12.6 06790
Vogel-Wetmore/Outreach PREK PK - PK 7 06790

Middle Schools near Torrington, CT

School Grades Students P/T Ratio ZIP
Northwestern Regional Middle School 07 - 08 332 10.9 06098
Pearson Middle School 05 - 08 149 11.5 06098
Torrington Middle School 06 - 08 1,012 13.1 06790

High Schools near Torrington, CT

School Grades Students P/T Ratio ZIP
Explorations 09 - 12 88 9 06098
Northwestern Regional High School 09 - 12 693 12.9 06098
The Gilbert School 07 - 12 552 11.8 06098
Torrington High School 09 - 12 1,003 12.4 06790

Ungraded Schools near Torrington, CT

School Grades Students P/T Ratio ZIP
* Migeon Academy 09 - 12 12 06790
Batcheller - Bridges 1 UG - UG 0 06098
Connecticut Mental Health Center UG - UG 0 06790
Intensive Learning Program UG - UG 0 06098
Links 06 - 12 13 13 06098

Demographics near Torrington, CT

Metric City County
Neighborhood Type Suburban
Population 35,447 185,175
Population Density 891 201
Median Age 45.6 47.6
People per Household 2.4 2.4
Median Household Income 63,135 84,797
Average Income per Capita 33,803 47,811