$899,900 ($227.08 per sqft)

Under Contract

Est. Mortgage $4,433/mo *

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155 Gilbert Avenue, Winchester, CT, 06098

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32 rooms

8 beds

8 Full baths

1900

Units on different Floors

3,963 sqft

Rare opportunity to secure 8 units under one roof! Fantastic location within walking distance of downtown Winsted and Northwestern Community College. Well-maintained and managed, this property presents a new owner the opportunity for cash flow out of the gate, with value to be added. 5 of the 8 units are connected with a state subsidy program allowing for guaranteed monthly income. Additional value add opportunity with a spacious basement for storage and coin-op laundry in basement (currently not in use, but functional). Numerous upgrades have been done to the property including unit updates, plumbing/sewer lines replacement, roof, windows, gutters, foundation repointing, and numerous mechanicals replaced. Plenty of off street parking available for tenants. This property is historically run at 100% occupancy and will continue to be a low maintenance, cash producing asset for years to come!

Status:

Under Contract

Type:

Multi-family

Units:

Zoning:

TSF

Heating:

Hot Air

Cooling:

Window Unit

Basement:

Full

Acreage:

1.28

Est. Taxes:

$11,117

Assessment

$408,100

Lot Description:

Lightly Wooded,Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

MLS #:

24051254

Community Info

School Info

Walk Score

Mass Transit

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