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197 Albert Street

Torrington, Connecticut 06790

PENDING$425,000
Beds
5
Baths
2
SqFt
2,678
Acres
0.25
Year Built
1916
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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1-Car Garage

About This Home

Discover this beautifully maintained two-family home, offering the perfect blend of comfort, functionality, and investment potential. Whether you're looking to expand your real estate portfolio or live in one unit while generating rental income from the other, this property is an exceptional opportunity. The first-floor apartment features a spacious and inviting one-bedroom layout with a bright living area, an updated kitchen, and a warm, welcoming atmosphere that truly feels like home. The second and third floors combine to create an impressive four-bedroom apartment with generous living space, abundant natural light, and an incredible closet space throughout. This oversized unit is perfect for a large family or tenants looking for extra room to live comfortably. Outside, you'll find a beautifully maintained yard that's ideal for entertaining, gardening, or simply relaxing, along with the convenience of a one-car garage. The property has also been upgraded from oil to natural gas heating, providing improved efficiency and long-term savings. Pride of ownership is evident throughout this home. With its excellent condition, spacious layouts, desirable updates, and strong income-producing potential, this is a rare opportunity you won't want to miss. Schedule your private showing today and see everything this outstanding investment property has to offer!

Key Facts

City/Town
Torrington
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1916
Days on Market
32 days
Beds
5
Baths
2 full
Living Area
2,678 sq ft
Lot Size
0.25 acres
Garage / Parking
1 garage
Property Taxes
$7,258 / Annually

Market Snapshot

The Torrington Market

Multi-Family · trailing 12 months

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

$425,000

vs $379,000 median

12.1% above median

Price / Sq Ft

$159

vs $162 median

In line with median

Days on Market

32 days

vs 19 days median

13 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

197 Albert Street, Torrington, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,914

per month

  • Principal & Interest$2,167
  • Property Taxes$605
  • Insurance$142
  • 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
1916
New Construction
No/Resale
Living Area
2,678 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Gas on Gas
Cooling
None
Basement
Full

Exterior & Lot

Lot Size
0.25 acres
Zoning
Two family
Garage / Parking
1 garage spaceDetached Garage
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level Lot

Listing & Financials

Property Taxes
$7,258 / Annually
Days on Market
32
MLS #
24187069
MLS Status
Under Contract

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Arlene Gonzalez

The Gonzalez Property Group

(718) 650-0292

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 4:25 AM UTC.