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5-Unit Apartment Building
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 Market230

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 1, Bedroom 13, Bedroom 4, Bathroom 3, Bedroom 10, Bedroom 11, Bathroom 4, Bedroom 9, Bedroom 2, Basement, Bedroom 15, Bedroom 3, Bedroom 8, Bedroom 12, Bathroom 2, Bathroom 1, Bedroom 14, Bedroom 6, Bedroom 7, Bathroom 5, Bedroom 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

Additional Details

Tenant in Place Yes
Individually Metered Utilities all utilities

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
Listed By: Chris Carozza
Added: Mar 10 Changed: Oct 25 Last Checked: Oct 25 at 3:06PM
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.

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Investment Insights

Based on property information with market context.

This 5,755-square-foot apartment property, built in 1900, contains five units: one 2-bedroom, three 3-bedroom, and one 4-bedroom residence. The basement has laundry and storage areas. A heating system and water heaters were installed in 2021; the roof is newer, and many windows have been replaced. Utilities are separate, and the property has hot-water heating.

A separately deeded lot is used for parking. The property occupies 0.17 acres and is zoned LB. Public water and public sewer serve the site.

Key Highlights

  • Five units: one 2‑bedroom, three 3‑bedroom, and one 4‑bedroom
  • 5,755 square feet; built in 1900
  • Fully occupied; all utilities are separate

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

776
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All five residences are occupied, and utility services are separate.
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: one 2‑bedroom, three 3‑bedroom, and one 4‑bedroom; 5,755 square feet; built in 1900; Fully occupied; all utilities are separate
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