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listing
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MultifamilyFor Sale
$899,900
155 Gilbert Avenue
Winchester, CT 06098
Courtesy of Berkshire Hathaway NE Prop.
MLS: Smart MLS
8Beds
8Baths
Est. Mortgage
$4,745/mo

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!

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Information courtesy of Berkshire Hathaway NE Prop. is subject to verification and is not guaranteed. Listing Data Last Updated 10/08/2024 12:24 PM
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