694 Winchester Ave - Apartments FOR SALE


New Haven, CT 06511- Newhallville
$550,000 USD
203-273-5256
694 Winchester Ave, New Haven, CT for Sale
$550,000 USD
Apartments - FOR SALE
1/8
null | 5.86% Cap Rate

694 Winchester Ave
New Haven, CT 06511
Newhallville


HIGHLIGHTS

  • Highly Walkable Community
  • Major Artery to Downtown
  • Recent Capital Improvements

OVERVIEW

USMF is pleased to present Winchester Apartments. A 3-Unit Multifamily Property where tenants pay utilities. Rents are currently 20-40% below market allowing the future investors to capitalize on the value add opportunity. The area high strong renter demand with low vacancy rate. There have been recent capital improvements including but not limited to a new roof, windows, flooring and mechanical systems. The property is in proximity to Yale University, downtown New Haven, numerous restaurants, I-91, I-95 & New Haven MTA Station.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$76 USD /SF

# OF UNITS

3

PRICE/UNIT

$183,333

CAP RATE

5.86%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Winchester Avenue Apartment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,766 SF

ZONING

RM2

APN/PARCEL ID

NHVN-000287-000489-001700

ASK ABOUT THIS PROPERTY

203-273-5256

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203-273-5256

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