Three-family investment opportunity at 34-38 Wolcott Avenue in Torrington, offered at $325,000. Featuring two 2-bedroom units and one 1-bedroom unit, this property offers existing rental income with additional upside through improvements and potential market rent adjustments. Unit 34 is occupied at $1,225 per month, Unit 36 is occupied at $1,200 per month, and Unit 38 is vacant and in need of turnover. Current scheduled rents total $2,425 per month from the two occupied units, with the potential for additional income once the vacant unit is renovated and rented. The property features vinyl siding, two levels of covered front porches, multiple entrances, and off-street parking. An opportunity for investors looking to expand their portfolio, address deferred maintenance, and work toward market-level rental income. Property is being sold strictly as-is, with all existing contents to remain.

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More Info

Basic Information

StatusActive
List Price$325,000
Square Feet2,357
Units3
Property subtype3 Family
Property TypeMulti-Family For Sale
Acreage0.15
MLS Number24220236

Interior

Rooms total multifamily14
RoofAsphalt Shingle
Rooms14

Utilities

Water sourcePublic Water Connected
Hot water descriptionDomestic
Heating FuelElectric, Natural Gas
Heat SystemRadiator
Sewage systemPublic Sewer Connected

Tax Information

Milrate total33
Tax YearJuly 2026-June 2027
Assessed value$189,000
Taxes$6,324

Building

Bedrooms5
Bathroom3
Year Built1900
Garage Spaces2
Property StyleUnits on different Floors
FoundationBrick
Garage Parking InfoDetached Garage
New construction typeNo/Resale
BasementFull
Full Bath3

Other

Date Listed11/11/2026

School Information

Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed

Location

StateCT
Zip06790
CountyLitchfield
Building Number36

Property

Lot DescriptionLevel Lot
Parking Spaces

Exterior

Exterior sidingVinyl Siding

Water Body

Waterfront DescriptionNot Applicable

Legal

ZoningR6

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Amo Realty - Connecticut Apartments