155 Gilbert Avenue

Winchester, Connecticut 06098

Status
Sale Pending
Square Feet
3,963
Beds
8
Price
$899,900
Type
Multi-Family For Sale
Garages
Baths
8
MLS
24051254

Price

$899,900

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Interior Details

Interior Size
3,963 Sq Ft
Bedrooms
8
Bathrooms
8
Rooms Total
Garage

Exterior Details

Lot Size
1.28 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Window Unit

Other Information

Property Tax
$11,117
Assessed Value
$408,100
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

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!
Listed by Berkshire Hathaway NE Prop., Maddy Ceruti. Data sourced from SmartMLS

Schedule Showing