$1,100,000
( $105.44Per Sq Foot )
 $5,905 est/mo Sourced by Back At You

175 Main Street , Winchester, CT 06098

Winchester, CT 06098

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Description

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.

Details

MLS#24037186
Listing TypeFor Sale
StatusActive
Year1900
Days On Site47
Listing Provided ByBerkshire Hathaway NE Prop. | Ryan Rea

Features

Bath(s) 9 Total
SQ Feet10,432
BasementY
Units9
ZoningTC
Acreage0.13

Market Activity 06098

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Learn More About This Property

StateCT
CountyLitchfield
CityWinchester
Zip Code06098
AreaLitchfield
Listing VS Median (in 06098)
Price:
$1,100,000
low | high
Med:
$449,900
100% of Average
SqFt:
10,432
low | high
Med:
3,486
100% of Average
$ / SqFt:
$105
low | high
Med:
$129
27.605048766495% of Average
On Site:
47
low | high
Med:
90.000000
52.222222222222% of Average
Sourced by Back At You
Listing Updated: September 10, 2024 at 9:52:16 AM PDT