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Property profile & analytics
FOR LEASE
Commercial land

775 Main St Torrington, CT 06790

0.33 ac lot
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US15-0064589
775 Main St, Torrington, CT 06790 For Lease
$1,850/Mo 5,120 SF available
775 Main St, Torrington, CT 06790
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Property summary
AI-generated overview

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 profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.33 ac (14,375 SF)
Zoning code R6
APN TORR M:120 B:004 L:005
UPID US15-0064589
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M
Owner & transaction history
Hugo E Cajamarca
Hugo E Cajamarca
since 2026
Last sale
$1.0M
7 recorded transactions
2026
$1.0M
2024
Price N/A
2024
$49,900
2019
$30,000
2015
$30,000
2013
$49,900
2012
$40,000
Zoning & alternative use
R6 · Torrington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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