NOT LISTED FOR SALE

155 Gilbert Ave Winsted, CT 06098

-- Bed
-- Bath
3,963 Sq Ft
55,757 Sq Ft

Last Sold October 15, 2021

Last sale price $590,000 $149 Per Sq Ft

32 Days on Market

Highlights

  • 1.28 Acre Lot
  • No HOA
  • Private Driveway
  • Property is near public transit
  • Public Transportation
  • Coin Laundry

About This Home

As of October 2021

Come take a look at this 8 unit money maker! 155 Gilbert Ave is located on a quiet side street within walking distance of downtown Winsted and Northwestern Community College. All units have 1 bed and 1 bath. The landlord benefits from a monthly payment from a State of CT program in which many of the tenants are a part of allowing for guaranteed income! There is ample off street parking for tenants and new coin-op laundry in the basement for additional income of around $200/month. Many recent updates have been completed including 2 new hot water heaters, updated plumbing and sewer line, foundation repointing, porch repairs, new rear gutters, and unit upgrades. The property also has a newer roof and windows and the owners are currently working on resurfacing the parking and driveway with a gravel hard pack. This property currently has an 8.9% CAP and 18.3% ROI with potential for a nearly 10% CAP and 21+% ROI. There is nothing to do but start collecting rents at this great income property!

Last Agent to Sell the Property

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001 Listed on: 06/23/2021

Century 21 AllPoints Realty

Last Buyer's Agent

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001 Listed on: 06/23/2021

Century 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 1900

Lot Details

  • 1.28 Acre Lot
  • Many Trees

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

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

Parking

  • Private Driveway
  • Parking Lot
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Public Transportation
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,158

Year Built

Built in 1900

Lot Details

1.28 Acres

Listing Details

  • Neighborhood: Winsted
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3963
  • Public Record Living Room Sq Ft: 3963
  • Total Sq Ft: 3963
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Public Transportation
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8460
  • Tax Year Updated Dt: 07/26/2021
  • Directions: Holabird Ave to Gilbert Ave
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Laundry Room Info: Coin Op Laundry
  • Attic: No

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot
  • Driveway Type: Private

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.2800
  • Lot Description: Treed
  • Zoning: R-3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5158
  • Mil Rate Base: 33.540
  • Assessor Parcel Number: 928154

Multi Family

  • Total Num Of Units: 8

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
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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 List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $590,000 -5.6% $149 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/21/2021 07/21/21 Price Changed $625,000 -1.6% $158 / Sq Ft
06/23/2021 06/23/21 For Sale $635,000 +92.4% $160 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/10/2020 04/10/20 Sold $330,000 -5.7% $83 / Sq Ft View Prior Sale
02/16/2020 02/16/20 For Sale $349,900 -- $88 / Sq Ft
Source: SmartMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,904 $408,100 $163,240 $244,860
2024 $11,117 $408,100 $163,240 $244,860
2023 $10,770 $408,100 $163,240 $244,860
2022 $5,158 $153,790 $25,340 $128,450
2021 $5,158 $153,790 $25,340 $128,450
2020 $5,158 $153,790 $25,340 $128,450
2019 $5,158 $153,790 $25,340 $128,450
2018 $5,158 $153,790 $25,340 $128,450
2017 $5,055 $150,710 $25,340 $125,370
2016 $5,055 $150,710 $25,340 $125,370
2015 $4,928 $150,710 $25,340 $125,370
2014 $4,809 $150,710 $25,340 $125,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170412527

SmartMLS

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

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