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775 Main St Torrington, CT 06790

Sponsored
For Sale
$1,195,000

Brand new, 6-unit apartment complex, ready March 2025.

Property size:
5,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a brand-new, six-unit apartment building in Torrington, Connecticut, poised for immediate occupancy. Completed by March 1, 2025, this two-story building boasts 5,000 square feet and features six two-bedroom apartments. Each unit includes an electric range/oven, refrigerator, and microwave. Energy-efficient mini-split systems provide heating and air conditioning. All first-floor units are handicap accessible, enhancing their appeal and marketability. A convenient on-site coin-operated laundry facility adds value for tenants. The property benefits from city water and sewer connections, simplifying utility management. Ample parking is provided with a paved 12-car lot. Meeting all town site plan approvals and state fire codes, the building is equipped with a comprehensive sprinkler system, ensuring safety and peace of mind. Located in a desirable North End neighborhood, the property enjoys close proximity to a variety of amenities, including grocery stores, pharmacies, banks, retail shops, a movie theater, fitness center, and restaurants. The builder offers a one-year warranty from the closing date, providing additional assurance. Projected monthly rental income per unit ranges from $1,500 to $1,700, promising a strong return on investment. This high-quality, modern rental asset represents a compelling opportunity for investors seeking immediate cash flow and long-term appreciation. The property is zoned R6.

Property Features for 775 Main St

General Information

Property type
Multifamily properties
Square Feet
5,000 SF

Building Details

Year Built
2024
Buildings
1
Stories
2
Units
6

HighLights

  • Brand new, six‑unit apartment building in Torrington, CT, completed March 1, 2025.
  • Six two‑bedroom units, each with electric range/oven, refrigerator, and microwave; energy‑efficient mini‑split HVAC systems.
  • First‑floor units are handicap accessible.
  • On‑site coin‑operated laundry.
  • 12‑car paved parking lot; city water and sewer.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Torrington
County
Litchfield
State
Connecticut
Longitude
-73.121742283175
Latitude
41.816186658532

FAQs

What type of property is this?
Multifamily property - Brand new, 6-unit apartment complex, ready March 2025.
Where is this multifamily property located?
The property is located at 775 Main St Torrington, CT.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Brand new, six-unit apartment building in Torrington, CT, completed March 1, 2025.; Six two-bedroom units, each with electric range/oven, refrigerator, and microwave; energy-efficient mini-split HVAC systems.; First-floor units are handicap accessible.
More about this property
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