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$995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 15 Total Beds
  • Updated 16 hours ago
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ATTENTION INVESTORS! Turnkey 5-unit income-producing property in the desirable north end of town with a 7.72% cap rate! This fully occupied AND FULLY UPDATED multi-family includes one spacious 2-bedroom unit, three well-designed 3-bedroom units, and one 4 bedroom unit all with functional layouts. Recent upgrades include a new heating system and water heaters (2021), a newer roof, updated heating systems, and many replaced windows, ensuring minimal maintenance. The basement features newly added laundry and storage areas for tenant convenience. Additionally, the property comes with a SEPERATLY DEEDED LOT, currently serving as a large parking area, offering extra value and future potential. Don't miss this opportunity! All utilities are separate!

Full Property Details for 243 N Elm St

General

  • Price: $995,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24157670
  • Updated: 3/10/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 24

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 15

Other Rooms

  • Laundry: Coin Op Laundry

Exterior

  • Exterior Features: Sidewalk, Gutters, Lighting
  • Color: Blue

Parking

  • Total Spaces: 20
  • Parking: Parking Lot, Off Street Parking

Location

  • County: Litchfield
  • Driving Directions: use GPS

School Information

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas, 30 Gallon Tank

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors, Units are Side-by-Side
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full
  • Roof: Asphalt Shingle, Flat
  • Square Feet: 5,755
  • Above Ground: 5,755 Sq. Ft.
  • Year Built: 1900

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 5

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.17
  • Zoning: LB
  • Lot Description: Level Lot

Green Features

  • Energy Features: Thermopane Windows

Financial Considerations

  • Assessment Amount: $384,230
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 882769

Listed by RE/MAX Right Choice, Chris Carozza Team, Chris Carozza

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Listing agent

— 243 N Elm St —

  • Chris Carozza

    RE/MAX Right Choice

Agent Contact: (203) 912-6819 Office Contact: (203) 614-8711

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 243 N Elm St

School District:Torrington School District
NameGradesDistance
Forbes School
500 Migeon Avenue, Torrington, CT 06790
4-50.3 mi
Torringford School
800 Charles Street, Torrington, CT 06790
K-31.8 mi
Torrington Middle School
200 Middle School Drive, Torrington, CT 06790
6-83.3 mi
Torrington High School
50 Major Besse Drive, Torrington, CT 06790
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 243 N Elm St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/10/2026
Listed
$995,000
274.06%
MLS
5/15/2017
Sold
$266,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 243 N Elm St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,774
102%
$384,230
152%
2023
$7,310
—
$152,380
—
2023
$7,308
2%
$152,380
—
2022
$7,183
2%
$152,380
—
2021
$7,035
—
$152,380
—
2020
$7,035
2%
$152,380
2%
2019
$6,900
—
$149,450
—
2018
$6,900
1%
$149,450
—
2017
$6,837
—
$149,450
—
2016
$6,829
—
$149,270
—
2015
$6,829
7%
$149,270
-15%
2014
$6,383
5%
$175,750
—
2011
$6,056
—
$175,750
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Right Choice, Chris Carozza Team, Chris Carozza

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243 North Elm Street, Torrington, CT 06790 (MLS# 24157670) is a Multi-Family property with 5 units containing 15 bedrooms and 5 full bathrooms. 243 North Elm Street is currently listed for $995,000 and was received on March 10, 2026. Want to learn more about 243 North Elm Street? Do you have questions about finding other Multi-Family real estate for sale in Torrington? You can browse all Torrington real estate or contact a Coldwell Banker agent to request more information.

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