For Sale
$899,900
155 Gilbert AveWinsted, CT 06098
High-Yield Multifamily Investment in Winsted, CT
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 121
Highlights
- 8-unit multifamily property in Winsted, CT, offering strong cash flow.
- $899,900 asking price with a 7.80% cap rate based on a pro-forma NOI of $78,619.
- Five units benefit from a state subsidy program.
- Recently renovated with new roof, plumbing, windows, and other systems.
- Potential for added income from basement laundry facilities and high occupancy rates due to proximity to downtown and Northwestern Community College.
- Ample off-street parking.
Property Details for 155 Gilbert Ave
- Property type
- Residential income homes
- Class
- B
- Year Built
- 1900
- Buildings
- 1
- Units
- 8
Location Insight
- City
- Winsted
- County
- Litchfield
- State
- Connecticut
- Latitude
- 41.9249556
- Longitude
- -73.0577286
155 Gilbert Ave, Winsted, Connecticut
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FAQs
- What type of property is this?
- Residential income home - High-Yield Multifamily Investment in Winsted, CT
- Where is the residential income home located?
- The property is located at 155 Gilbert Ave Winsted, CT.
- What is the asking price?
- The asking price for this property is $899,900.
- What are key features of this property?
- This property features: 8-unit multifamily property in Winsted, CT, offering strong cash flow.; $899,900 asking price with a 7.80% cap rate based on a pro-forma NOI of $78,619.; Five units benefit from a state subsidy program.
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