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Renovated 3-Unit Multifamily Property
For Sale
$375,000
Pending

153 Funston Avenue, Torrington, CT 06790

Three updated units with dedicated basement laundry hookups, a 1-car garage, and off-street parking for day-one income.

Property Size2,059 SF
Days on Market116

Property Features for 153 Funston Avenue

General Information

Standard status Pending
Size 2,059 SF
Property subtype 3 Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Mustafa Muaremi · License #RES.0818283
Source: Lockandkeyre
Added: May 13 Changed: Aug 8 Last Checked: Jul 23 at 5:17AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This renovated 3-unit multifamily property features refreshed finishes and quality updates throughout, including renovated kitchens. Unit 1 is fully remodeled and delivered vacant, with 2 bedrooms. Unit 2 is a 2-bedroom unit renovated roughly a year and a half ago and is currently tenant-occupied, with a lease expiring this September. Unit 3 is a 1-bedroom unit and will be delivered vacant and move-in ready.

A key amenity is that every unit has its own dedicated laundry hookup in the basement. The property also includes a 1-car garage and ample off-street parking. Stabilized gross income is noted as $4,500+ per month. The property is located at 153 Funston Avenue in Torrington, CT 06790.

Key Highlights

  • 3‑unit multifamily built in 1900 with three separate income streams
  • Unit 1 (2BR) fully remodeled and delivered vacant, with target rent of $1,500/mo at closing
  • Unit 2 (2BR) renovated about 1.5 years ago and tenant‑occupied at $1,425/mo; lease expires this September

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,044
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three updated units with dedicated basement laundry hookups, a 1-car garage, and off-street parking for day-one income.
Where is this triplex located?
The property is located at 153 Funston Avenue Torrington, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3‑unit multifamily built in 1900 with three separate income streams; Unit 1 (2BR) fully remodeled and delivered vacant, with target rent of $1,500/mo at closing; Unit 2 (2BR) renovated about 1.5 years ago and tenant‑occupied at $1,425/mo; lease expires this September
More about this property
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