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408 High Street

Torrington, CT 06790
  • $399,900
  • STATUS: Active Under Contract
  • ON SITE: 33 Days
  • MLS #: 24081631
Under Contract
UPDATED: 17 min ago
$399,900
  • 7
    BEDS
  • 0.24
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,823
    SQFT
  • $142
    $/SQFT
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Turnkey fully rented 3-family home with a 3 car detached garage, plus oversized heated workshop! This solid property features a 3 bedroom, 1 bath unit on the 1st floor, plus 2 bedroom, 1 bath units on the 2nd and 3rd floors. Plenty of off-street parking and conveniently located just minutes to downtown restaurants, shopping, and highway access. Property is being sold "as-is". Current rents are considerably below fair market rent and the property has the potential for a generous 10.3% CAP rate at pro-forma rents!

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-22T15:10:26.433.
www.timdentteam.com/homes/161574809
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408 High Street Torrington, CT 06790

  • Price: $399,900
  • Status: Active Under Contract
  • On Site: 33 Days
  • Updated: 17 min ago
  • MLS #: 24081631
7
Beds
3
Baths
0
½ Baths
0.24
Acres
2,823
SQFT
$142
$/SQFT
1920
Built
County:
Litchfield
Area:
Torrington
Elementary School:
per board of ed
Middle School:
per board of ed
High School:
per board of ed
Property Description
Turnkey fully rented 3-family home with a 3 car detached garage, plus oversized heated workshop! This solid property features a 3 bedroom, 1 bath unit on the 1st floor, plus 2 bedroom, 1 bath units on the 2nd and 3rd floors. Plenty of off-street parking and conveniently located just minutes to downtown restaurants, shopping, and highway access. Property is being sold "as-is". Current rents are considerably below fair market rent and the property has the potential for a generous 10.3% CAP rate at pro-forma rents!
Exterior Features

Direct Waterfront YN No Exterior Siding Vinyl SidingWood Garage And Parking Detached GaragePavedParking LotOff Street Parking Lot Description Lightly WoodedLevel Lot Nearby Amenities Commuter BusGolf CourseHealth ClubLakeLibraryMedical FacilitiesShopping/Mall Parking Total Spaces 7 Roof Information Asphalt Shingle Style Units on different Floors3updown - Unit(s) per Floor Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic YN No Basement Description FullUnfinishedFull With Hatchway Cooling System None Fireplaces Total 0 Heat Type BaseboardHot WaterWall Unit Laundry Room Info All Units Have Hook-Ups Sq Ft Est Heated Above Grade 2823 Sq Ft Est Heated Below Grade 0 Sq Ft Total 2823 Total Rooms 13 Total Rooms Multi Family 13

Property Features

Agent Owner YN No Bank Owned Property No Foundation Type ConcreteStone Fuel Tank Location In Basement Gross Annual Expense 12333 Gross Annual Income 33600 Heat Fuel Type Natural GasOil Home Owners Assocation No Home Warranty Offered YN No Hot Water Description Natural Gas30 Gallon Tank Intermediate School Per Board of Ed Net Operating Income 21267 New Construction Type No/Resale Potential Short Sale No Property Sub Type 3 Family Sewage System Public Sewer Connected Tax Year July 2024-June 2025 Total Number Of Units 3 Water Source Public Water Connected Zoning R6

Listing information © 2025 Smart MLS
Listing provided courtesy of Mike Gregor of Cohen Agency SiM, LLC: (860) 482-5503.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-22T15:10:26.433.
 
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Tim Dent Team | Coldwell Banker Realty
398 Main Street
Ridgefield CT, 06877