243 N Elm St

Torrington, CT 06790

$995,000
Price
15
Beds
5,755 Sq. Ft.
$173 / Sq. Ft.
5,755
Sq. Ft.
$173
per Sq. Ft.
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a front view of a house with a yard
a view of a car parked in front of a house
a view of a hallway with wooden floor
an empty room with wooden floor and windows
a view of a livingroom with wooden floor
wooden floor in an empty room
a view of entryway
an empty room with wooden floor and windows
a kitchen with granite countertop white cabinets and white appliances
a kitchen with granite countertop white cabinets and wooden floor
a view of an empty room with wooden floor
a view of a hallway with wooden floor
a bathroom with a sink a toilet a mirror and bathtub
an empty room with wooden floor and windows
an empty room with windows
an empty room with wooden floor
a kitchen with granite countertop a stove and a microwave
a kitchen with granite countertop a sink and a stove top oven
a view of an empty room
a view of a room with wooden floor
a bathroom with a sink toilet and shower
a bathroom with a shower
a utility room with dryer and washer

Description

Attention investors! Turnkey 5-unit income-producing property in the desirable north end of town with a 7.25% 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...Attention investors! Turnkey 5-unit income-producing property in the desirable north end of town with a 7.25% 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!
  1. Listed by Chris Carozza • RE/MAX Right Choice
    P: (203)-912-6819 C: (203)-912-6819 chriscarozza@gmail.com

Property Details for 243 North Elm Street

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Units on different Floors, Units are Side-by-Side
Garage Parking Info
Parking Lot, Off Street Parking
Swimming Pool
No
LISTING UPDATED: 03/12/2026 06:47 PM

Property Details for 243 North Elm Street

StatusActive
MLS #24157670
Days on Market15
Taxes$14,774 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1900
Lot Size0.17 AC / 7,405 SF
CountyLitchfield County
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Location

Listing Courtesy of RE/MAX Right Choice, Chris Carozza
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Building Information for 243 North Elm Street

Stories-Residences5Year Built1900Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

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$6,060 per month

30 year fixed, 6.11% Interest

Principal and Interest

$4,829

Property Taxes

$1,231

HOA Dues

$0

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Property Information for 243 North Elm Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: use GPS
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.812164
  • Longitude: -73.12802
  • Middle Jr High School: Per Board of Ed
  • Neighborhood Amenities: Commuter Bus, Golf Course, Health Club, Lake, Library, Medical Facilities, Park, Shopping/Mall
  • State: Connecticut
Parking
  • Parking Total Spaces: 20
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $14,774
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk, Gutters, Lighting
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Water
  • Attic YN: No
  • Fireplaces Total: 0
  • Laundry Room Info: Coin Op Laundry
  • Laundry Room Location: Coin operated laundry room in basement
  • Rooms Total: 24
Room 5
  • Listing Key: 4C48C1B8AEF5490DE0631A01100A2CC6
Property
Property and Assessments
  • Color: Blue
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle, Flat
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 5755
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 882769
  • Sq Ft Est Heated Above Grade: 5755.0
  • Sq Ft Total: 5755.0
  • Zoning: LB
Utilities
  • Energy Features: Thermopane Windows
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 30 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 35638
  • Gross Annual Income: 107730
  • Net Operating Income: $72,092
  • Occupied By: Tenant
  • Total Number of Units: 5
  • Total Rooms Multi Family: 24
Unit 1
  • Lease: Monthly
  • Lease Expires: 03-31-2026
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 03-12-2026
  • Unit Monthly Rent: $1,550
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Lease Expires: 12-31-2026
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 03-12-2026
  • Unit Monthly Rent: $2,250
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 03-12-2026
  • Unit Monthly Rent: $1,900
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Monthly
  • Lease Expires: 02-28-2027
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 03-12-2026
  • Unit Monthly Rent: $2,000
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Monthly
  • Lease Expires: 03-30-2026
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 03-12-2026
  • Unit Monthly Rent: $1,750
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 243 North Elm Street

DateEvent & SourcePriceAppreciation
May 11, 2017

Closed (Public Record)

Public Record #597114983

$266,000

+2.7% / yr

Jul 16, 2007

Closed (Public Record)

Public Record #224133002

$205,000

+10.4% / yr

May 9, 1997

Closed (Public Record)

Public Record #91939277

$75,000

-15.9% / yr

Jul 31, 1990

Closed (Public Record)

Public Record #91944231

$243,000—
DateEvent & SourcePrice
05/11/2017

Closed (Public Record)

Public Record #597114983

$266,000

+2.7% / yr

07/16/2007

Closed (Public Record)

Public Record #224133002

$205,000

+10.4% / yr

05/09/1997

Closed (Public Record)

Public Record #91939277

$75,000

-15.9% / yr

07/31/1990

Closed (Public Record)

Public Record #91944231

$243,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 243 North Elm Street

Taxable ValueLand$45,920Additions$338,310Total$384,230
Tax Record2024$14,774 ($1,231 / month)
Home Facts
Total Finished SqFt5,755 SqFtAbove Grade Finished SqFt5,755 SqFtUnfinished Basement SqFt3,604 SqFtStories2Lot Size7,405 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningLBCountyLITCHFIELDAPNTORR M:108 B:017 L:009

Schools near 243 North Elm Street

This home is within Torrington School District.
Rating
School
Type
Grades
Distance
Forbes School
Public - 4 to 5
Torrington Middle School
Public - 6 to 8
Torrington High School
Public - 9 to 12
Abc / Forbes School
Public - 2 to 3
Rating
School
Distance
Forbes School
Public4 to 5

Torrington Middle School
Public6 to 8

Torrington High School
Public9 to 12

Abc / Forbes School
Public2 to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 243 North Elm Street, Torrington, CT 06790

243 North Elm Street is a multi-family home for sale in Torrington, CT 06790. This property was listed for sale on March 10, 2026 by RE/MAX Right Choice, it's currently listed at $995,000. It has been on the market for a total of 15 days and was last sold on May 11, 2017. This listing's school district is Torrington School District. Nearby schools include Forbes School, Torrington Middle School and Torrington High School. 243 North Elm Street is a 15-bed, 5-bath, 5,755 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Right Choice, Chris Carozza

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.