Winchester CT Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.25 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 24064321
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Welcome to 63 Meadow, an updated, well maintained and income producing property, making it a match made in investing heaven for both the landlord and tenant. This property boasts three spacious units, shared outdoor space, a two-car attached garage, and 5 parking spaces. The prime location is minutes from route 8 ramps, local university, shopping and every convenience, not to mention a 3 minute walk to Dunkin or Red Barn, and only a 2.2 mile scenic sidewalk stroll to Highland Lake. The first floor unit has been updated in 2023, with two bedrooms, full bath, mudroom with laundry, covered deck area, and an enclosed porch. There are two units on the upper level, 2F and 2R. The streetside unit on the second floor (2F) was just updated this past October, with new carpeting, washer/dryer hook up, and a fresh coat of paint. This unit spans the same length and width as the spacious first floor unit, entering into the kitchen, into two additional rooms in front, and two generous rooms, with a large walk in closet on the left side. The rear unit on the second floor (2R), is a 1BR with eat in kitchen, living room, bath and bedroom. It was also updated with fresh coat of paint, countertops, flooring and toilet in 2023. All units have two egresses, one outside, and one in the common area. The combination of prime location, five-star tenants, rental values at and above market, already in place, you are sure to create a wonderful addition to your budding or established portfolio. AS IS SALE
$995,000
175 Main Street Winchester, CT 06098
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 14
- Lot size:
- 0.13 Acres
- Year built:
- 1900
- Baths:
- 7.00
- MLS#:
- 24037338
- Subdivision:
- Winsted
ADDITIONAL INFORMATION
Addresses include 175 Main Street and 183 Main Street in Winsted, CT. Amazing opportunity to acquire a 9 Unit Asset (7 Apartments + 2 Retail) in Winsted with anchor tenant Noli's Restaurant (Rent $2,266 w 3% increase/year) w over 20 years in business! Pride of Ownership is evident with Capital Improvements made by the current owners, including: new water heaters, heating zones, electrical upgrades, fire rated tenant main doors & new fire alarms/strobes in both buildings. The unit mix is: 1, 4 bedroom ($1,100); 4, 2 bedrooms ($1,000; $1,050; $900; the other can be rented for up to $1500 per month) and 2, 1 bedroom units ($950 each). The 175 Main St had a roof replacement in 2021, a privacy fence enclosure installed & all 4 residential units have gone through renovations. 183 Main St has had a roof replacement in 2023, aft wall structural repair, new studs, insulation, beams & siding. 183 2A has been refurbished. One retail space is leased to Noli's Restaurant which has a patio. Noli's pays their heat and electric. The current owner leased the second retail space to Northwest Soup & Deli ($1500 then $1650 on 1/1/2025) and this establishment has all new equipment. They pay their own electric and a fixed gas, water/sewer reimbursement to the Owner. The residential tenants pay their electric. Owners are very meticulous and detail oriented. This is a seamless opportunity to own a well-run asset. Properties being sold together.
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Winchester Real Estate
The median home value in Winchester, CT is $307,500. This is lower than the county median home value of $345,200. The national median home value is $338,100. The average price of homes sold in Winchester, CT is $307,500. Approximately 51.37% of Winchester homes are owned, compared to 34.14% rented, while 14.49% are vacant. Winchester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Winchester real estate agent to arrange a tour today!
Winchester, Connecticut has a population of 10,335. Winchester is less family-centric than the surrounding county with 20.73% of the households containing married families with children. The county average for households married with children is 26.17%.
The median household income in Winchester, Connecticut is $65,537. The median household income for the surrounding county is $84,797 compared to the national median of $69,021. The median age of people living in Winchester is 50.7 years.
Winchester Weather
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 52.3 inches per year, with 52.6 inches of snow per year.