721 Winchester Avenue, New Haven, Connecticut

$400,000

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6

Beds

3

Baths

2,952

Square feet

0.12

Acres

About 721 Winchester Avenue

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!

Features of 721 Winchester Avenue

MLS® # 24055834
Price $400,000
Bedrooms 6
Bathrooms 3.00
Full Baths 3
Square Footage 2,952
Acres 0.12
Year Built 1900
Type Multi-Family For Sale
Sub-Type 3 Family
Style Units on different Floors
Status Active

Community Information

Address 721 Winchester Avenue
Area N/A
City New Haven
County New Haven
State Connecticut
Zip Code 06511

Amenities

Parking None
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Hot Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Full, Unfinished

Exterior

Exterior Vinyl Siding
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Concrete

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed October 25th, 2024
Days on Market 109
Zoning RM2
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway NE Prop.

Listing Map

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