31 days on market
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721 Winchester Avenue, New Haven CT 06511

Current Price: $405,000

6 beds 3 baths 2952 sq. ft

Last Update: 11/23/2024

Property Type: Multi-Family For Sale

Public Remarks

Diamond in the rough! This prime Newhallville value add 3 family opp is situated close to Albertus Magnus and Yale University and nestled among several other investment opps that have taken the opportunity and run with some TLC and bringing in tenants at market rent! With vinyl siding and newer replacement windows and ample off-street parking, the exterior of the property is ready for its new owner. There are 3 units all with 2 bedrooms filled with month-to-month tenants with below market rents. Separate utilities make for lower maintenance costs as an owner. Take advantage of this amazing opportunity for upside and schedule your viewing today! Can also be purchased with 718 Winchester Ave just across the street. Market rents for 2 beds in the area is $1,700 plus! Great start or addition to your investment portfolio! MLS# 24048794 Comparable closed sales nearby include: Enjoy the Sweat Equity/Appreciation or pull Equity Out and build our investment portfolio. - 270 Huntington St: $605,000 (above-average finishes) - 264 Huntington St: $592,500 (above-average finishes) - 263 Highland St: $457,500 (average condition) - 258 Highland St: $439,000 (below-average condition) - 252 Sheffield Ave: $435,000 (below-average condition) This is a rare opportunity in a high-demand area!

Map to Property at 721 Winchester Avenue, New Haven CT 06511


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Residential Property Information for 721 Winchester Avenue, New Haven CT 06511

MLS #: 24055834

Style: Units on different Floors

Color:

Total Rooms:

Bedrooms: 6

Bathrooms: 3

Acres: 0.12

Year Built: 1900 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $6,649

Zoning: RM2

Mil Rate:

Assessed Value: $172,690 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 2952; below grade sq feet total is ; total sq ft is 2952

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

Hot Water System Other

Heat Type: Hot Air

Fueled By: Natural Gas.

Cooling: None

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: $405,000

Original List Price: $405,000

DOM: 31

Listing Date: 10/23/2024

Last Updated: 10/25/2024 4:15:29 PM

Listing Agent and Broker

List Agent Name: Lisa Cozzi

List Office Name: Berkshire Hathaway NE Prop.