Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    270 High St B 2 Torrington, CT 6790

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,600 /Mo

    Centrally located, renovated apartment with included heat and hot water.

    Type:Multi Family
    Added:
    Apr 27, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 27 at 10:48 pm

    Property Features for 270 High St B 2

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1960

    We can help!

    Listing Contact
    Rosemary Jacob

    Listing agent Rosemary Jacob License #RES.0784225

    Listing office Borla & Associates LLC Real Estate

    Listing date Apr 27, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Borla & Associates LLC Real Estate

    Overview

    Renovated Apartment Near Downtown

    This is a newly renovated second-floor apartment situated in a centrally located, quiet, 33-unit apartment building. The apartment's location provides walking distance access to downtown and easy access to a major highway. Rent includes heat and hot water. Additional storage is available in the lower level of the building in the form of a storage cage. The walk score is 91, indicating a walker's paradise. The bike score is 44, indicating the location is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Torrington
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.128417
    Latitude
    41.799446

    Nearby Similar for Lease

    • $5,000/Mo

      Medical Office in Downtown Torrington

      Meticulously maintained medical office building near hospital with apartment.
      95 New Litchfield Street, Torrington, CT 06790
      View Details
    • $850/Mo

      Downtown Torrington Commercial Space Available

      Versatile commercial space in downtown Torrington, suitable for various businesses.
      86 Water Street, Torrington, CT 06790
      View Details
    • $850/Mo

      Downtown Torrington Commercial Space Available

      Versatile commercial space in downtown Torrington, ideal for various businesses.
      86 Water St, Torrington, CT 06790
      View Details
    • $1,600/Mo

      Renovated Storefront with Utilities Included

      Newly renovated storefront with utilities included, ready for various uses.
      11 Main St Suite 2, Torrington, CT 06790
      View Details
    • $1,700/Mo

      Downtown Torrington Retail Space Available

      First-floor retail space in downtown Torrington with high visibility.
      20 E Main St, Torrington, CT 06790
      View Details
    • $1,550/Mo

      Downtown Torrington Retail Space Available

      Ground level commercial space for lease in downtown Torrington.
      257 Main St 105, Torrington, CT 06790
      View Details
    • $1,000/Mo

      High-Visibility Torrington Retail/Office Space

      Customizable space in mixed-use building on busy retail corridor.
      835 New Harwinton Rd, Torrington, CT 06790
      View Details
    • $3,000/Mo

      Torrington Flex Space with Loading

      Flex space featuring loading dock, office area, and basement.
      132 Franklin St, Torrington, CT 06790
      View Details
    • $750/Mo

      Renovated Studio Space on Main

      Fully renovated studio spaces suitable for offices or studios.
      19 E Main St, Torrington, CT 06790
      View Details
    • $1,600/Mo

      Renovated Storefront with Utilities Included

      Newly renovated 500+ sq ft storefront with utilities included.
      11 Main Street #Suite 2, Torrington, CT 06790
      View Details
    • $850/Mo

      Downtown Torrington Commercial Space Available

      Versatile 600 sq ft commercial space in downtown Torrington.
      86 Water Street, Torrington, CT 06790
      View Details
    • $725/Mo

      Updated Office Space For Rent

      First-floor office space with amenities in professional building near amenities.
      444 Prospect Street #A, Torrington, CT 06790
      View Details

    FAQs

    What type of property is this?
    Apartment building - Centrally located, renovated apartment with included heat and hot water.
    Where is this apartment building located?
    The property is located at 270 High St B 2 Torrington, CT.
    What is the lease rate?
    The lease rate is $1,600 /Mo.
    What are key features of this property?
    This property features: Walker's Paradise: Enjoy a Walk Score of 91, with excellent walkability to downtown.; Newly Renovated Apartment.; Convenient Location: Centrally located with easy access to downtown and a major highway.
    (857) 526-1525
    We can help!
    Listing Contact
    Rosemary Jacob
    Real Estate License ID: RES.0784225
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!