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$ 620,000
Est. payment /mo
Price Dropped by $105K
45 Elm Street Winchester, CT 06098
8 Baths
7,405 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,405 sqft
Price per Sqft $83
MLS Listing ID 24131609
Full Baths 7
Half Baths 1
Year Built 1880
Annual Tax Amount $6,305
Lot Size 7,405 Sqft
Property Description
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 may be purchased a portfolio with 106 Birch Street, Manchester.
Location
State CT
County Litchfield
Zoning CB-3
Interior
Heating Hot Water
Cooling None
Exterior
Utilities Available Electric
Roof Type Asphalt Shingle,Other
Building
Lot Description Level Lot
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Ashley Chaia • Oxford Realty