$400,000
 $2,147 est/mo Sourced by Back At You

721 Winchester Avenue , New Haven, CT 06511

New Haven, CT 06511

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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!

Details

MLS#24055834
Listing TypeFor Sale
StyleTown House
StatusActive
Year1900
Days On Site106
Listing Provided ByBerkshire Hathaway NE Prop. | Nadia Goracy

Features

Bed(s)6
Bath(s) 3 Total
SQ Feet2,952
BasementY
Units3
ZoningRM2
Acreage0.12
Water FrontYes

Market Activity 06511

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Learn More About This Property

StateCT
CountyNew Haven
CityNew Haven
Zip Code06511
AreaNew Haven
School DistrictPer Board of Ed
Elementary SchoolPer Board of Ed
Listing VS Median (in 06511)
Price:
$400,000
low | high
Med:
$2,800
100% of Average
SqFt:
2,952
low | high
Med:
934
100% of Average
$ / SqFt:
$136
low | high
Med:
$3
100% of Average
On Site:
106
low | high
Med:
33.000000
100% of Average
Sourced by Back At You
Listing Updated: January 20, 2025 at 10:36:17 AM PST