718 Winchester Ave - Apartments FOR SALE


New Haven, CT 06511
$385,000 USD
860-633-3674
718 Winchester Ave, New Haven, CT for Sale
$385,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

718 Winchester Ave
New Haven, CT 06511


OVERVIEW

Discover this 3-family property on Winchester Ave, perfect for both owner-occupants and savvy investors. The home features a fenced front yard, durable vinyl siding, and separate utilities, with 3-bedroom units on the 1st and 2nd floors, and a 1-bedroom unit on the 3rd floor. With one tenant currently on a month-to-month lease and below-market rent, you have the potential to increase income, with market rates around $1,700+/month for the remaining units. 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!

FOR SALE DETAILS

PRICE

$385,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

3

PRICE/UNIT

$128,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,001 SF

ZONING

RM2

APN/PARCEL ID

NHVN-000287-000489-001000

ASK ABOUT THIS PROPERTY

Nadia GoracyBerkshire Hathaway New England PropertiesMore Info
860-633-3674

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Nadia GoracyBerkshire Hathaway New England PropertiesMore Info
860-633-3674

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.