62 Elmwood Terrace

Torrington, CT 06790

$163,500
Last Sold Price
4
Beds
2
Baths
1,630 Sq. Ft.
$100 / Sq. Ft.
1,630
Sq. Ft.
$100
per Sq. Ft.

Description

Good income, low taxes and insurance. Turnkey property. This charming two family home was lovingly maintained by the original owners since 1937. Updated electrical, original woodwork in great condition. The first floor has a new tenant in place for $925 a month (one year lease) and the second floor tenant is month to month, paying $825 and plans to leave at the end of June This home has two apartments, each with two bedrooms, an eat in kitchen and full bath. There are two hook ups for washing machines...Good income, low taxes and insurance. Turnkey property. This charming two family home was lovingly maintained by the original owners since 1937. Updated electrical, original woodwork in great condition. The first floor has a new tenant in place for $925 a month (one year lease) and the second floor tenant is month to month, paying $825 and plans to leave at the end of June This home has two apartments, each with two bedrooms, an eat in kitchen and full bath. There are two hook ups for washing machines and dryers in the basement - with one set of machines provided. The first floor has oil heat with baseboard and the second floor is gas on gas (will not qualify for FHA so conventional, commercial mortgage or cash only purchase). The first floor has an enclosed side porch and open front porch and the second floor has an enclosed porch. Private and quiet street. The basement has a workshop area and plenty of storage with a walk out and nice, dry basement. The house is in very good condition, having been owner occupied since 1937 until 2019. There is no work to do. Great income producer, low taxes and insurance.
  1. Listed by Heather A Kelley • Elite Realty
    P: (860) 482-4063 C: (212) 7243272 hksold@gmail.com

Property Details for 62 Elmwood Terrace

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Garage Parking Info
Off Street Parking
Swimming Pool
No

Location

Listing Courtesy of Elite Realty, Heather A Kelley

Sold By Keller Williams Realty Prtnrs., Armin Hausler

Add your commute
LISTING UPDATED: 08/02/2021 07:58 PM

Property Details for 62 Elmwood Terrace

StatusClosed
MLS #170355031
Days on Market132
Taxes$3,411 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1937
Lot Size0.11 AC / 4,791 SF
CountyLitchfield County

Location

Listing Courtesy of Elite Realty, Heather A Kelley

Sold By Keller Williams Realty Prtnrs., Armin Hausler

Add your commute

Building Information for 62 Elmwood Terrace

Stories-Residences2Year Built1937Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$1,177 per month

30 year fixed, 7.25% Interest

Principal and Interest

$892

Property Taxes

$284

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 62 Elmwood Terrace

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Migeon Avenue (Route 4) west from Main St to Elmwood Terrace. Turn right. Four or five houses north, on right.
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.814747
  • Longitude: -73.13257
  • Neighborhood Amenities: Health Club, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2020-June 2021
  • Property Tax: $3,411
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Garden Area, Gutters, Porch, Porch-Enclosed
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Gas on Gas
  • Attic YN: No
  • Fireplaces Total: 0
  • Laundry Room Info: Common Laundry Area
  • Rooms Total: 9
Property
Property and Assessments
  • Color: Green
  • Construction Description: Frame
  • Driveway Type: Private
  • Exterior Siding: Shingle
  • Foundation Type: Stone
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1937
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 1630
Lot Information
  • Lot Description: Treed
  • Parcel Number: 891577
  • Sq Ft Est Heated Above Grade: 1630.0
  • Sq Ft Total: 1630.0
  • Zoning: R6
Utilities
  • Energy Features: Storm Doors, Storm Windows
  • Heat Fuel Type: Oil
  • Hot Water Description: 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 5132
  • Gross Annual Income: 20400
  • Net Operating Income: $15,268
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 9
Building Details
  • Unit Count: 2
Unit 1
  • Lease: Monthly
  • Listing Key: DD703F8FF75E6D99E053D501100ADEC4
  • Unit Appliances: Gas Range,Refrigerator,Washer,Electric Dryer
  • Unit Average Sq Ft: 800
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 03-10-2021
  • Unit Monthly Rent: $825
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 03-01-2021
  • Listing Key: DD703F8FF75E6D99E053D501100ADEC4
  • Unit Appliances: Electric Cooktop,Electric Range,Wall Oven,Range Hood,Refrigerator,Washer,Electric Dryer
  • Unit Average Sq Ft: 830
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 05-14-2021
  • Unit Monthly Rent: $925
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 62 Elmwood Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 62 Elmwood Terrace

Taxable ValueLand$19,950Additions$53,920Total$73,870
Tax Record2023$3,543 ($295 / month)
Home Facts
Baths2Total Finished SqFt1,630 SqFtAbove Grade Finished SqFt1,630 SqFtUnfinished Basement SqFt988 SqFtStories2Lot Size4,792 SqFtStyleDuplexYear Built1937ZoningR6CountyLITCHFIELDAPNTORR M:108 B:021 L:025

Schools near 62 Elmwood Terrace

This home is within Torrington School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 2 to 3
Rating
School
Distance
Forbes School
PublicPK 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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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Elite Realty, Heather A Kelley

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.