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Two-Unit Residential Income Property
For Sale
$325,000
Pending

120 East Lake Street, Winchester, CT 06098

Two well-maintained units each offer 2 bedrooms and a full bath, with separate natural gas heating systems.

Property Size2,103 SF
Days on Market51

Property Features for 120 East Lake Street

General Information

Standard status Pending
Size 2,103 SF
Property subtype 2 Family

Building Details

Year Built 1880
Listing Agency: Northwest CT Realty
Listed By: David Sartirana · License #REB.0756493
Source: Lockandkeyre
Added: Jul 6 Changed: Aug 24 Last Checked: Aug 23 at 9:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northwest CT Realty

Investment Insights

Based on property information with market context.

This well-maintained two-family home provides two separate residential units, with each unit offering 5 rooms, including 2 bedrooms and 1 full bath. Hardwood flooring runs throughout both apartments, and each unit is served by its own natural gas heating system. The upper-level unit includes an enclosed porch, adding additional seasonal living space.

The property is set on a generous .66-acre lot and includes a detached three-car garage. The location is described as within walking distance of two public beaches, with seasonal views of Highland Lake.

Overall, the configuration supports straightforward owner-occupant or rental use, with two self-contained units and dedicated heating systems.

Key Highlights

  • Two‑family home built in 1880 with two separate units, each featuring 5 rooms, 2 bedrooms, and 1 full bath
  • Both units have hardwood flooring and separate natural gas heating systems
  • Upper‑level unit includes an enclosed porch for additional seasonal living space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center Parking Lot & Garage Skin Care Clinic Real Estate Agency Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby

Demographics for 06098, CT

10,188
Population
5,576
Households
1.8
Avg Household Size
48
Median Age
29%
College-Educated
94%
High-School Grad
30.7 sq mi
ZIP Area
332
Density / Sq Mi
$68,661
Median Household Income
$47,202
Median Earnings
$1,189
Median Rent
$238,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two well-maintained units each offer 2 bedrooms and a full bath, with separate natural gas heating systems.
Where is this duplex located?
The property is located at 120 East Lake Street Winchester, CT.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑family home built in 1880 with two separate units, each featuring 5 rooms, 2 bedrooms, and 1 full bath; Both units have hardwood flooring and separate natural gas heating systems; Upper‑level unit includes an enclosed porch for additional seasonal living space
More about this property
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