E Main St, Torrington, Home For Sale

house for sale

Listed: 07/15/24

291 E Main St, Torrington, Connecticut, 06790

8 Bed:

6 Bath:

4,431 Sq Ft Living Area:

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Price

$ 575,000

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About This House

Attention Investors! Discover a remarkable opportunity at 291 E Main St, Torrington, CT - a turn-key Six-Unit Multi-Family building with a compelling 7.3% cap rate in a prime location. This income-generating property features two spacious 2-bedroom apartments and four well-appointed 1-bedroom units. Benefit from numerous recent upgrades, include newer high-efficiency gas boilers/water heaters, roof ripped and replaced in 2013, as well as updated windows throughout, all designed to minimize maintenance costs. Strategically located near major highways and the vibrant downtown Torrington area, this property offers residents easy access to a variety of shopping, dining, and entertainment options. The nearby Warner Theatre, Museums, Coe Memorial Park, and Burr Pond State Park provide ample recreational opportunities, enhancing tenant appeal. As an investor, … Full description

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Houses for sale in Torrington

Original listing

Downtown Torrington Historic District Housing & Living

Household Income

Median household income: $61,313

Number of households: 14,907

The average household income in Torrington, CT grew from $58,717 to $61,313 in the past year. This data is an estimate based upon 14,907 households in Torrington, CT.
The chart below presents how household income is distributed in Torrington, CT in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Torrington, CT compared to median property taxes around the country. The prevalent amount of property taxes in Torrington, CT equals $3k+ , which is more than the national average.