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Two-Family Residential Income Property
For Sale
$389,000
Pending

23 Chestnut Avenue, Torrington, CT 06790

Spacious two-family on a double lot with a two-car garage, off-street parking, and gas heat for both units.

Property Size2,116 SF
Days on Market34

Property Features for 23 Chestnut Avenue

General Information

Standard status Pending
Size 2,116 SF
Property subtype 2 Family
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 1929
Listing Agency: Elite Realty
Listed By: Heather Kelley · License #RES.0792789
Source: Lockandkeyre
Added: Jul 23 Changed: Aug 25 Last Checked: Aug 24 at 5:28AM

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 Elite Realty

Investment Insights

Based on property information with market context.

This very nice, spacious two-family residential income property is set up as two separate apartments with gas heat and multiple laundry provisions. The first-floor unit features a custom kitchen and a washer/dryer located in the basement, along with abundant basement storage. The second-floor unit includes a large kitchen and a washer in the pantry, with its dryer located in the basement at the base of the stairs. Additional highlights include an attic with easy access and plentiful exterior space due to the double-lot setup.

The property offers a two-car garage and plenty of off-street parking, and the exterior has been recently painted. The garage has a new roof and siding, and the house roof is reported to be about 10–12 years old.

Both apartments are currently occupied and described as well-maintained by super tenants.

Key Highlights

  • 1929 two‑family home on a double lot with a large attic that is easily accessed
  • Two‑car garage plus plenty of off‑street parking
  • Gas heat for both units: gas heater for upstairs and gas‑fueled hot air for first floor

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

424
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?
Duplex - Spacious two-family on a double lot with a two-car garage, off-street parking, and gas heat for both units.
Where is this duplex located?
The property is located at 23 Chestnut Avenue Torrington, CT.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 1929 two‑family home on a double lot with a large attic that is easily accessed; Two‑car garage plus plenty of off‑street parking; Gas heat for both units: gas heater for upstairs and gas‑fueled hot air for first floor
More about this property
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