718 Winchester Avenue

New Haven, CT 06511 Directions
$380,000
  • 8Bed
  • 3Baths
  • 2,767Sqft
  • 0.1Acres
  • 1920Built
  • $137Price/Sqft

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 109
  • MLS: 24048794

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 109
  • MLS: 24048794

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...

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 109
  • MLS: 24048794

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!

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!

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  • Additional Information
    • Acres: 0.1
    • Basement Description: Full, Unfinished
    • Gross Expenses: 13167
    • Gross Income: 15600
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Living Area SqFt: 2,767
    • Property Tax: $6,387
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors
    • Tax Amount: $6,387
    • Unit Count: 3
    • Year Built: 1920
    • Year Built Details: Public Records
    • Zoning: RM2
  • Interior Features
    • Beds: 8
    • Full Baths: 3
    • Furnace Type: Oil
    • Heat: Oil
    • Heat Fuel: Oil
    • Hot Water: Other
    • Rooms: 14
    • Total Baths: 3
  • Exterior Features
    • Exterior Siding: Vinyl Siding
    • Roof: Asphalt Shingle

Listing Courtesy of Beth Diloreto of Berkshire Hathaway NE Prop.

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