721 Winchester Avenue Active

New Haven,CT 06511

$ 405000

6 Beds

3 Baths

2952 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,952 sqft

Price per Sqft $137

MLS Listing ID 24055834

Style Units on different Floors

Bedrooms 6

Full Baths 3

Year Built 1900

Annual Tax Amount $6,649

Lot Size 5,227 Sqft

Property Description

Diamond in the rough! This prime Newhallville value add 3 family opp is situated close to Albertus Magnus and Yale University and nestled among several other investment opps that have taken the opportunity and run with some TLC and bringing in tenants at market rent! With vinyl siding and newer replacement windows and ample off-street parking, the exterior of the property is ready for its new owner. There are 3 units all with 2 bedrooms filled with month-to-month tenants with below market rents. Separate utilities make for lower maintenance costs as an owner. Take advantage of this amazing opportunity for upside and schedule your viewing today! Can also be purchased with 718 Winchester Ave just across the street. Market rents for 2 beds in the area is $1,700 plus! Great start or addition to your investment portfolio! MLS# 24048794 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

View More
Favorite Go Tour