$1,150,000

243 N Elm St Torrington, CT 06790

$10,000
Closing credit¹
15 beds
5 full
5,755 sqft
0.2 acres
$200 / sqft
Multi-Family

Property details

About 243 N Elm St

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!

Highlights

Home typeMulti Family
HeatingBaseboard
StatusActive
Size5,755 sqft
BasementYes
Lot size0.17 Acres
Year built1900
ParkingNone, Parking Lot, Off Street Parking
MLS #24085219

Summary

  • Full Bathrooms: 5
  • Basement: Yes
  • Total Bedroom Count: 15
  • Attached Garage: No
  • Private Pool: No
  • Parking: None, Parking Lot, Off Street Parking
  • Exterior: Sidewalk, Gutters, Lighting
  • Heating: Baseboard
  • Cooling: None
  • List Price: $1,150,000
  • Price/SqFt: $199
  • Annual Tax Amount: $7,310
  • Tax Year: 2024
  • Lot: Level
  • Directions: use GPS
  • Year Built: 1900
  • Living Area: 5,755 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 24085219
  • Office Name: RE/MAX Right Choice
  • Office Phone: (203) 614-8711
  • Office Email: chriscarozza@gmail.com
  • Listing Agent: Chris Carozza

IDXCopyright © 2025 Smart MLS. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 4:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$1,150,000

243 N Elm St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 15, 2017
Home Sold
$266,000
Jul 16, 2007
Home Sold
$205,000
May 09, 1997
Home Sold
$75,000
Jul 31, 1990
Home Sold
$243,000
Sep 16, 1988
Home Sold
$132,000

Tax history

YearAssessmentProperty Tax
2024$152,380$7,310
2023$152,380$7,308
2022$152,380$7,183
2021$152,380$7,035
2020$152,380$7,035
2019$149,450$6,900

History based on county public records data.

Nearby schools

5

Forbes Elementary School

Public District 4-5

0.3 mi

500 Migeon Ave

2

Vogel-Wetmore Elementary School

Public District KG-3

0.6 mi

68 Church St

7

Southwest Elementary School

Public District 4-5

1.2 mi

340 Litchfield St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,664. The most common annual income of people living in Torrington, CT is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

35%
<35k
49%
35k-100k
11%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Torrington, CT

Transportation in Torrington includes a network of roads and highways that connect residents to nearby cities and towns, facilitating commuting and travel. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods offering more pedestrian-friendly environments. Efforts to improve transport efficiency and accessibility are ongoing, with enhancements to public transit services and infrastructure being a focus for city planners.

Torrington provides a robust array of services to its residents. The educational landscape includes several public schools at the elementary, middle, and high school levels, as well as private educational institutions that cater to a range of learning preferences. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized medical services. The city's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with an emphasis on supporting local businesses and initiatives aimed at enhancing service quality in response to the community's needs.

Torrington prides itself on a community-oriented atmosphere, where local events and festivals play a central role in bringing residents together. The city is celebrated for its vibrant arts scene, including performances at the Warner Theater, and its commitment to preserving local history, as seen in the Torrington Historical Society's activities. The community's character is further enriched by its scenic surroundings, providing a backdrop for outdoor recreation and leisure.

The housing landscape in Torrington is diverse, with single-family homes being a significant part of the market, reflecting a mix of modern and traditional architectural styles. Apartments and townhouses also offer varied living options for residents. The construction of homes has seen different phases, with many properties dating back to the mid-20th century, contributing to the city's historical charm. The homeownership rate in Torrington is substantial, with a majority of residents owning their homes, while a smaller percentage of the population opts for renting.

About 243 N Elm St

This home is located at 243 N Elm St in Torrington, CT and zip code 06790. This 5,755 square foot home, which was built in 1900, sits on a 0.17 acre lot. Features: 15 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $1,150,000.

While more than 15 listings in Torrington, CT in April 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 13 were sold below. In April 2025 in Torrington, CT there were 1.5% more homes for sale than in March.

From Rocket Homes Real Estate and based on county public records data.

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