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S Main Street
Torrington, Connecticut
$550,000 Price
2 Bedrooms   - Baths
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Photo 1 of S Main Street, Torrington, Connecticut, $550,000, Web #: 24070899Previous PhotoNext Photo1 of 12

List price is starting bid at TenX live bid on 3/3 Southgate presents an easily accessible two-story, 10-unit apartment building just outside of one of Torrington's amenity-rich retail corridors. Excellently situated at 413 S Main Street, this multifamily asset is west of the Naugatuck River within a cozy small...

List price is starting bid at TenX live bid on 3/3 Southgate presents an easily accessible two-story, 10-unit apartment building just outside of one of Torrington's amenity-rich retail corridors. Excellently situated at 413 S Main Street, this multifamily asset is west of the Naugatuck River within a cozy small city in Connecticut positioned 27 miles from Downtown Hartford. The building stands at 9,606 square feet and features on-site surface parking. This fully occupied property is primed for a new investor seeking to add a lucrative acquisition to their portfolio for passive and consistent income. 6 of the large one bedroom units can be divided to create 2 bedroom units leading to significantly increased rent and upside. Rents are far below allowable rent leading to significant upside although can accommodate market rents. 8 unit building is also zoned as condominium and can be sold off separately in the future. Washer and dryer in every unit.

Listing courtesy of Regions Real Estate Advisors

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Torrington, Connecticut
Type: House
Price: $550,000
Re Tax: $12,111
Date Listed: 1/26/2025
Last Updated: 1/29/2025
Approx. sqft: 9,800 sf
Web ID: 24070899

Info & Amenities

Type: Multi Family
Rooms: 5.0
Bedrooms: 2
Built: 1988

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