175 Main Street , Winchester, CT 06098
Winchester, CT 06098
Description
Addresses include 175 Main Street and 183 Main Street in Winsted, CT. Amazing opportunity to acquire a 9 Unit Asset (7 Apartments + 2 Retail) in Winsted with anchor tenant Noli's Restaurant (Rent $2,266 w 3% increase/year) w over 20 years in business! Pride of Ownership is evident with Capital Improvements made by the current owners, including: new water heaters, heating zones, electrical upgrades, fire rated tenant main doors & new fire alarms/strobes in both buildings. The unit mix is: 1, 4 bedroom ($1,100); 4, 2 bedrooms ($1,000; $1,050; $900; the other can be rented for up to $1500 per month) and 2, 1 bedroom units ($950 each). The 175 Main St had a roof replacement in 2021, a privacy fence enclosure installed & all 4 residential units have gone through renovations. 183 Main St has had a roof replacement in 2023, aft wall structural repair, new studs, insulation, beams & siding. 183 2A has been refurbished. One retail space is leased to Noli's Restaurant which has a patio. Noli's pays their heat and electric. The current owner leased the second retail space to Northwest Soup & Deli ($1500 then $1650 on 1/1/2025) and this establishment has all new equipment. They pay their own electric and a fixed gas, water/sewer reimbursement to the Owner. The residential tenants pay their electric. Owners are very meticulous and detail oriented. This is a seamless opportunity to own a well-run asset. Properties being sold together.
Details
| Mls | 24037338 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Status | Active |
| Year | 1900 |
| Days On Site | 126 |
| Listing Provided By | Berkshire Hathaway NE Prop. | Ryan Rea |
Features
| Beds | 14 |
|---|---|
| Baths | 7 Total |
| Sq Feet | 4,860 |
| Basement | Y |
| Units | 9 |
| Zoning | TC |
| Acreage | 0.13 |
| Water Front | Yes |
Market Activity 06098
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Learn More About This Property
| State | CT |
|---|---|
| County | Litchfield |
| City | Winchester |
| Zip Code | 06098 |
| Area | Litchfield |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| Middle School | Per Board of Ed |
| High School | Per Board of Ed |
| Listing VS Median (in 06098) | |
Price: $995,000 low | high Med: $364,450 SqFt: 4,860 low | high Med: 2,197 $ / SqFt: $205 low | high Med: $166 On Site: 126 low | high Med: 34.000000 | |