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Sold on 05/15/2025
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408 High St, Torrington, CT 06790

$433,000

Last sold 05/15/2025 for $420K

  • 7

    bed

  • 3

    bath

  • 2,823

    Sqft ($149/Sqft)

Multi-family not for sale
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About 408 High St

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 10,454 Sqft
Movoto estimate
Parking 3 garage spaces
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!
Listed by
Listing Agent - Mike Gregor
Listing Office - Cohen Agency SiM, LLC
Source: CONNECT MLS mls logo
MLS#24081631 • last updated 1 year ago
Movoto checked CONNECT MLS for data 11 minutes ago
Overview
Cooling/AC None
Type Multi-Family For Sale
SubType 3 Family
SqFt 2823
Status Closed
MLS # 24081631
Lot Size (Acres) 0.24
Property Tax 5463
Property Condition No/Resale
Interior
Total # of Bathrooms 3
# of Full Baths 3
Total # of Bedrooms 7
Laundry All Units Have Hook-Ups
Total # of Rooms 13, 13
Exterior
Roofing Asphalt Shingle
# Parking Spaces 7
# Garage Spaces 3
Parking Detached Garage, Paved, Parking Lot, Off Street Parking
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Location
Waterfront Not Applicable
Elementary School Per Board Of Ed
Intermediate School Per Board Of Ed
High School Per Board Of Ed
Middle School Per Board Of Ed
APN 890737
Directions GPS
Multifamily Details
Total # of Units 3
Gross Annual Income 33600
Net Operating Income 21267
$433K
Range: $394K-$471K
Last 30 days 
  • May 2025
    mls logo MLS # 24081631
  • May 15, 2025 Sold
    $420,000
  • Mar 21, 2025 Under Contract
    —
  • Mar 18, 2025 Listed
    $399,900 (+166.6%)
  • Mar 16, 2025 Listed
    —
  • May 2025
    Public Records
  • May 15, 2025 Sold
    $420,000 (+5.0%)
  • Mar 2018
    Public Records
  • Mar 12, 2018 Sold
    $150,000 (-16.6%)
  • Aug 2017
    mls logo MLS # 170009184
  • Aug 29, 2017 Listed
    $179,900 (+25600.0%)
  • May 2016
    mls logo MLS # L10104339
  • May 4, 2016 Sold
    —
  • Apr 22, 2016 Deposit - Continue To Show
    —
  • Jan 20, 2016 Listed
    $700
  • Year Property taxes Tax assessment
  • 2024
    $9,025 +65.2%
    $234,710 +106.1%
  • 2023
    $5,463 +1.8%
    $113,880
  • 2022
    $5,368 +2.1%
    $113,880
  • 2021
    $5,258
    $113,880
  • 2020
    $5,258 +19.1%
    $113,880 +19.15%
  • 2019
    $4,413
    $95,580
  • 2018
    $4,413 +0.9%
    $95,580
  • 2017
    $4,373
    $95,580
  • 2016
    $4,373
    $95,580
  • 2015
    $4,373
    —
  • 408 High St
    $420K
  • —
  • 06790
    $280K +1% y/y
  • Torrington
    $299K +3% y/y
No chart available
Statistics calculated by Movoto

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