718 Winchester Avenue Active

New Haven,CT 06511

$ 385000

8 Beds

3 Baths

2767 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,767 sqft

Price per Sqft $139

MLS Listing ID 24048794

Style Units on different Floors

Bedrooms 8

Full Baths 3

Year Built 1920

Annual Tax Amount $6,387

Lot Size 4,356 Sqft

Property Description

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 2-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. Can also be purchased with 721 Winchester Ave just across the street. Great start or addition to your investment portfolio! MLS# 24055834. 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!

Location

State CT

County New Haven

Zoning RM2

Rooms

Basement Full,Unfinished

Interior

Heating Hot Air

Cooling None

Exterior

Garage None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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