Unlock the potential of this solid 7 unit brick building, featuring a versatile mix of 5 residential apartments and 2 commercial office spaces.


Property

Website:https://www.nestseekers.com/5036667
Address:
45 Elm
Winchester, CT 06098
Ownership: Commercial
Type: Commercial
Bathrooms: 8
Area: 7405 sq ft

Financials

Price:$540,000
Annual Taxes:$6,305

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.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Ashley Chaia of Oxford Realty