775 Main St Torrington, CT 06790

Property Details for 775 Main St

Lot size

0.33 lot acres

Zone code

R6

Property type

Commercial land

APN

TORR M:120 B:004 L:005

APU

TORRM120B004L005

Description

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.

Location Insight

City

Torrington

County

Litchfield

State

Connecticut

Longitude

-73.1222

Latitude

41.8162

CBSA code

45860

CBSA name

TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments