12 days on market
Under Contract
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155 Gilbert Avenue, Winchester CT 06098

Current Price: $899,900

8 beds 8 baths 3963 sq. ft

Last Update: 12/3/2024

Property Type: Multi-Family For Sale

Public Remarks

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!

Map to Property at 155 Gilbert Avenue, Winchester CT 06098


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Residential Property Information for 155 Gilbert Avenue, Winchester CT 06098

MLS #: 24051254

Style: Units on different Floors

Color:

Total Rooms:

Bedrooms: 8

Bathrooms: 8

Acres: 1.28

Year Built: 1900 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $11,117

Zoning: TSF

Mil Rate:

Assessed Value: $408,100 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 3963; below grade sq feet total is ; total sq ft is 3963

Features
Fireplaces: 0
Basement Desc.: Full
Exterior Siding: Asbestos
Foundation: Concrete
Roof: Asphalt Shingle
Garage/Parking Type: None
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Lightly Wooded,Level Lot
Occupied: Tenant
Utility Information

Hot Water System Other

Heat Type: Hot Air

Fueled By: Natural Gas.

Cooling: Window Unit

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $899,900

Original List Price: $899,900

DOM: 12

Listing Date: 10/3/2024

Last Updated: 11/11/2024 10:19:22 PM

Listing Agent and Broker

List Agent Name: Maddy Ceruti

List Office Name: Berkshire Hathaway NE Prop.