$812,500
SOLD DEC 18, 2024

155 Gilbert Ave Winchester Center, CT 06098

8 Beds
8 Baths
3,963 Sq Ft
1.28 Acres

Recently Sold

$205 Per Sq Ft

10% Below List Price

39 Days on Market

About This Home

As of December 2024

Rare opportunity to secure 8 units under one roof! Fantastic location within walking distance of downtown Winsted and Northwestern Community College. Well-maintained and managed, this property presents a new owner the opportunity for cash flow out of the gate, with value to be added. 5 of the 8 units are connected with a state subsidy program allowing for guaranteed monthly income. Additional value add opportunity with a spacious basement for storage and coin-op laundry in basement (currently not in use, but functional). Numerous upgrades have been done to the property including unit updates, plumbing/sewer lines replacement, roof, windows, gutters, foundation repointing, and numerous mechanicals replaced. Plenty of off street parking available for tenants. This property is historically run at 100% occupancy and will continue to be a low maintenance, cash producing asset for years to come!

Last Agent to Sell the Property

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001 Listed on: 10/03/2024

Century 21 AllPoints Realty

Last Buyer's Agent

Daniel Bowles

Serhant Connecticut, LLC License #RES.0830469

Serhant Connecticut, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,117

Year Built

  • Built in 1900

Lot Details

  • 1.28 Acre Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 3,963 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 8 Units
  • Gross Income $105,660

Listing and Financial Details

  • Assessor Parcel Number 928154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,117

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3963
  • Total Sq Ft: 3963
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3963
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 8
  • Full Bathrooms: 8
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 155

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 1.28
  • Lot Description: Lightly Wooded Level Lot
  • Zoning: TSF
  • Parcel #: 928154

Multi Family

  • Gross Annual Income: 105660
  • Net Operating Income: 64765
  • Total Number Of Units: 8

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 11117
  • Total Assessed Value: 408100
  • Mil Rate Total: 27.24

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $812,500 -9.7% $205 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $899,900 -- $227 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maddy Ceruti

    Seller's Agent in 2024

    Maddy Ceruti

    Century 21 AllPoints Realty

    (860) 559-0978

    4 in this area

    143 Total Sales

    Maddy Ceruti
    Section Image
  • Daniel Bowles

    Buyer's Agent in 2024

    Daniel Bowles

    Serhant Connecticut, LLC

    (475) 449-3684

    2 in this area

    11 Total Sales

    Daniel Bowles
    Section Image
  • Jithu Sajeevan

    Buyer Co-Listing Agent in 2024

    Jithu Sajeevan

    Serhant Connecticut, LLC

    (860) 801-7630

    2 in this area

    39 Total Sales

    Jithu Sajeevan
    Section Image
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Map

Source: SmartMLS

MLS Number: 24051254

SmartMLS

APN: WINC M:112 B:023 L:015A

Connecticut Litchfield County Winchester Center 06098

155 Gilbert Ave, Winchester Center, CT

This home is located at 155 Gilbert Ave, Winchester Center, CT 06098 and is currently priced at $812,500, approximately $205 per square foot. This property was built in 1900. 155 Gilbert Ave is a home located in Litchfield County with nearby schools including Pearson School, Explorations Charter School, and St Anthony School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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