Five-Unit Apartment
For Sale
$975,000
243 N Elm Street, Torrington, CT 06790
Multi-Family For Sale, Units on different Floors,Units are Side-by-Side, Torrington, CT
Property Size5,755 SF
Lot Size0.17 Acres
Price / SF$169.42
Days on Market180
Property Features for 243 N Elm Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LB
Bedrooms
15
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 7, Bedroom 6, Bedroom 15, Bedroom 8, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 14, Bedroom 11, Bedroom 1, Bedroom 13, Bathroom 3, Bathroom 1, Basement, Bedroom 12, Bedroom 10, Bedroom 3, Bedroom 9, Bathroom 5
Parking
20
Exterior features
Sidewalk,Gutters,Lighting
Basement
Full
Lot features
Level Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
use GPS
Standard status
Active
Size
5,755 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
12856
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public
Amenities
laundry
storage
Building Details
Year built
1900
Architectural style
Other
Listing Agency:
RE/MAX Right Choice · RE/MAX International
(203) 614-8711
Listed By:
Chris Carozza · License #RES.0768259
(203) 912-6819
Added: Mar 10
Changed: Sep 3
Last Checked: Sep 5 at 6:06PM
MLS# 24157670
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,755-square-foot apartment building contains five units: one two-bedroom, three three-bedroom, and one four-bedroom residence. The property is fully occupied, with separate utilities for each unit. Improvements include a 2021 heating system and water heaters, additional updated heating systems, many replaced windows, and a newer roof. Basement space provides laundry and storage areas.
A separately deeded 0.17-acre lot serves as a large parking area for the property. The building uses public water and public sewer, with hot-water heating and exterior features including sidewalks, gutters, and lighting. Built in 1900, the property carries LB zoning and reports a 7.25% cap rate.
A separately deeded 0.17-acre lot serves as a large parking area for the property. The building uses public water and public sewer, with hot-water heating and exterior features including sidewalks, gutters, and lighting. Built in 1900, the property carries LB zoning and reports a 7.25% cap rate.
Key Highlights
- Five units with one 2‑bedroom, three 3‑bedroom, and one 4‑bedroom apartment
- 5,755 square feet on a 0.17‑acre parcel
- 2021 heating system and water heaters, plus updated heating systems
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Explore this area
Business Placement
Demographics for 06790, CT
35,486
Population
17,109
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
89%
High-School Grad
41.5 sq mi
ZIP Area
855
Density / Sq Mi
$69,720
Median Household Income
$40,860
Median Earnings
$1,101
Median Rent
$196,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated multifamily property with separate utilities, basement laundry, storage, and dedicated parking area.
Where is this apartment building located?
The property is located at 243 N Elm Street Torrington, CT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Five units with one 2‑bedroom, three 3‑bedroom, and one 4‑bedroom apartment; 5,755 square feet on a 0.17‑acre parcel; 2021 heating system and water heaters, plus updated heating systems
