493 Migeon Avenue
Torrington, Connecticut 06790
Reduced from $390,000
- Beds
- 6
- Baths
- 2
- SqFt
- 2,500
- Acres
- 0.18
- Year Built
- 1920
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Don't miss this incredible opportunity to own a 2-family investment property with strong income potential! This as-is property features a spacious first floor with a 2 bedroom with an extra room for an office or another bedroom, and a second floor with 4 bedrooms, offering excellent rental possibilities for maximizing cash flow. With a 3-car garage, there is added value for tenants or additional income options. This is the perfect property for an investor looking to build equity and generate steady income just add your own touch in the exterior siding. Whether you're expanding your portfolio or purchasing your first multifamily, this is a great chance to secure a property with solid upside and long-term returns
Key Facts
- City/Town
- Torrington
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1920
- Days on Market
- 85 days
- Beds
- 6
- Baths
- 2 full
- Living Area
- 2,500 sq ft
- Lot Size
- 0.18 acres
- Garage / Parking
- 3 garage · 4 total
- Property Taxes
- $8,513 / Annually
Market Snapshot
The Torrington Market
Multi-Family · trailing 12 months
Active Listings
16
18 under contract
Median List Price
$379,000
16 active listings
Median Closed Price
$340,000
93 sales
Median Days on Market
19
16 active listings
Median $ / Sq Ft
$162
16 active listings
Sale-to-List Ratio
100.6%
93 sales
How this home compares
List Price
$369,000
vs $379,000 median
In line with median
Price / Sq Ft
$148
vs $162 median
8.6% below median
Days on Market
85 days
vs 19 days median
66 days longer than median
Based on 16 active and 93 closed sales (trailing 12 mo) of multi-family in Torrington. Source: SmartMLS · As of July 28, 2026.
Location
493 Migeon Avenue, Torrington, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,881
- Property Taxes$709
- Insurance$123
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Torrington
- Neighborhood
- N/A
- County
- Litchfield
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1920
- New Construction
- No/Resale
- Living Area
- 2,500 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- Wall Unit
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.18 acres
- Zoning
- I-R
- Garage / Parking
- 3 garage spaces4 total parking spacesDetached GaragePaved
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Wood
- Roof
- Shingle
- Foundation
- Concrete
- Lot Description
- Corner Lot
Listing & Financials
- Property Taxes
- $8,513 / Annually
- Days on Market
- 85
- MLS #
- 24171530
- MLS Status
- Under Contract
Similar Properties
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 6:10 AM UTC.