155 Gilbert Avenue Under Contract Save Request In-Person Tour Request Virtual Tour
Winchester,CT 06098
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,963 sqft
Price per Sqft $227
MLS Listing ID 24051254
Style Units on different Floors
Bedrooms 8
Full Baths 8
Year Built 1900
Annual Tax Amount $11,117
Lot Size 1.280 Acres
Property Description
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!
Location
State CT
County Litchfield
Zoning TSF
Interior
Heating Hot Air
Cooling Window Unit
Exterior
Garage None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Lightly Wooded,Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed