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Two-Family Residential Income Property
For Sale
$369,000
Pending

493 Migeon Avenue, Torrington, CT 06790

As-is two-family property with a 3-car garage and first-floor 2-bedroom layout plus a second-floor 4-bedroom unit.

Property Size2,500 SF
Days on Market129

Property Features for 493 Migeon Avenue

General Information

Standard status Pending
Size 2,500 SF
Total Parking Spaces 3
Property subtype 2 Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1920
Stories 2
Tenancy Multi
Listing Agency: The Gonzalez Property Group
Listed By: Arlene Gonzalez · License #REB.0794797
Source: Lockandkeyre
Added: Apr 30 Changed: Aug 7 Last Checked: Jul 23 at 5:14AM

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 The Gonzalez Property Group

Investment Insights

Based on property information with market context.

This as-is two-family residential income property offers a practical duplex-style layout with a first-floor unit featuring two bedrooms plus an extra room that can function as an office or additional bedroom. The second-floor unit is configured with four bedrooms, providing flexible living space for tenants.

The property includes a 3-car garage, adding useful storage and parking capacity for residents. It is well suited for buyers seeking a multifamily asset to update, including exterior siding, in line with their own priorities.

Overall, the building’s unit sizes support a straightforward two-unit setup, with the first and second floors offering distinct bedroom counts for rental flexibility. The 3-car garage further complements day-to-day tenant needs.

Key Highlights

  • As‑is 2‑family property built in 1920
  • First‑floor unit offers 2 bedrooms plus an extra room for an office or additional bedroom
  • Second‑floor unit features 4 bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Catering Service Florist Travel Agency

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

726
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 - As-is two-family property with a 3-car garage and first-floor 2-bedroom layout plus a second-floor 4-bedroom unit.
Where is this duplex located?
The property is located at 493 Migeon Avenue Torrington, CT.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: As‑is 2‑family property built in 1920; First‑floor unit offers 2 bedrooms plus an extra room for an office or additional bedroom; Second‑floor unit features 4 bedrooms
More about this property
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