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45 Elm Street, Winsted 45 Elm St 5 Unit Apartment Building $540,000 ($108,000/Unit) Winsted, CT 06098
INVESTMENT HIGHLIGHTS
- Downtown Winsted
- Close to college
EXECUTIVE SUMMARY
Unlock the potential of this solid 7-unit brick building, featuring a versatile mix of 5 residential apartments and 2 commercial office spaces. Ideal for investors seeking reliable cash flow or developers exploring expansion opportunities, this property offers both immediate income and long-term upside. With proper zoning and approvals, the two office spaces could be converted into additional residential units. The owner currently covers electric for the office spaces. Owner also covers heat and water for all units. A spacious rear lot provides ample off-street parking for tenants. Conveniently located near Routes 8 and 44, this property offers easy access to shopping, dining, Northwestern Connecticut Community College, and a variety of recreational options, making it a consistently easy to rent location. Property to be sold "AS IS."
PROPERTY FACTS
| Price | $540,000 | Apartment Style | Low-Rise |
| Price Per Unit | $108,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Sale Condition | Build to Suit | Building Size | 6,100 SF |
| No. Units | 5 | Average Occupancy | 72% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1880 |
| Zoning | CB-3 | ||
| Price | $540,000 |
| Price Per Unit | $108,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,100 SF |
| Average Occupancy | 72% |
| No. Stories | 2 |
| Year Built | 1880 |
| Zoning | CB-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | WINC-000110-000052-000007 | Improvements Assessment | $181,930 |
| Land Assessment | $34,230 | Total Assessment | $216,160 |
PROPERTY TAXES
Parcel Number
WINC-000110-000052-000007
Land Assessment
$34,230
Improvements Assessment
$181,930
Total Assessment
$216,160
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45 Elm Street, Winsted | 45 Elm St
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