$600,000
SOLD FEB 5, 2021

175 N Main St Winsted, CT 06098

-- Bed
-- Bath
4,860 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$123 Per Sq Ft

10% Below List Price

13 Days on Market

Highlights

  • River Front
  • Attic
  • Balcony
  • Deck
  • No HOA
  • Porch

About This Home

As of September 2021

Gondek Group is pleased to present 175 & 183 Main Street in Winsted, CT.

Please note this is a portfolio being sold with 183 Main Street. These 2 properties consist of 7 apartments and 2 Commercial Units. Beautiful Restaurant with patio overlooking the River and many improvements have been made to the apartments. New separate electrical, Newer roof, new on demand gas for Restaurant. Many Tenants have been long time renters. Great opportunity to buy a double digit cap rate building with additional upside.

Medical facilities, CVS and Northwestern Connecticut Community College are close by. Become part of the growing Downtown! Winsted is also the home of Little Red Barn Brewery.

Last Agent to Sell the Property

Jason Kushner

Berkshire Hathaway NE Prop. License #RES.0805841 Listed on: 01/21/2020

Last Buyer's Agent

Jason Kushner

Berkshire Hathaway NE Prop. License #RES.0805841 Listed on: 01/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,332

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • River Front
  • Stone Wall

Property Views

  • Water
  • City

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Flat Tile Roof
  • Vinyl Siding

Interior Spaces

  • 4,860 Sq Ft Home
  • Unfinished Basement
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Smart Appliances

Home Security

  • Smart Lights or Controls
  • Smart Locks
  • Smart Thermostat
  • Storm Windows

Parking

  • Parking Deck
  • On-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Energy-Efficient Lighting
  • Property is near shops

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $102,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,332

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Winsted
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4860
  • Public Record Living Room Sq Ft: 4860
  • Total Sq Ft: 4860
  • Year Built: 1900
  • Nearby Amenities: Lake, Medical Facilities, Shopping/Mall
  • Property Sub Type: 5 Family+
  • Direct Waterfront: Yes
  • Public Record Gross Sq Ft: 7170
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Contact Listing Agent, Please note this is a portfolio being sold with 183 Main Street
  • Special Features: None

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Unfinished
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: Yes
  • Home Automation: Appliances, Lighting, Lock(s), Thermostat(s)
  • Street Number Modifier: 175

Exterior Features

  • Exterior Features: Balcony, Deck, Gutters, Lighting, Patio, Porch, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle, Flat
  • Waterfront Description: Direct Waterfront, River, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Zoned
  • 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

Schools

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

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 0.1300
  • Lot Description: City Views, Water View
  • Flood Zone: No
  • Zoning: TC

Multi Family

  • Gross Annual Income: 102000
  • Net Operating Income: 72232
  • Total Num Of Units: 5

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4332
  • Total Assessed Value: 129150
  • Mil Rate Base: 33.540
  • Mil Rate Total: 33.540
  • Assessor Parcel Number: 928110

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
02/08/2025 02/08/25 For Sale $950,000 +201.6% $195 / Sq Ft
09/10/2021 09/10/21 Sold $315,000 -8.7% $82 / Sq Ft
07/07/2021 07/07/21 Price Changed $345,000 -6.7% $90 / Sq Ft
06/16/2021 06/16/21 For Sale $369,900 0.0% $97 / Sq Ft
03/31/2021 03/31/21 Rented $950 0.0% --
03/26/2021 03/26/21 Under Contract -- -- --
03/19/2021 03/19/21 For Rent $950 0.0% --
02/05/2021 02/05/21 Sold $600,000 -10.3% $123 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $669,000 -- $138 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

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
2024 $4,239 $155,610 $28,350 $127,260
2023 $4,107 $155,610 $28,350 $127,260
2022 $3,780 $112,700 $21,070 $91,630
2021 $3,780 $112,700 $21,070 $91,630
2020 $3,780 $112,700 $21,070 $91,630
2019 $3,780 $112,700 $21,070 $91,630
2018 $3,780 $112,700 $21,070 $91,630
2017 $3,832 $114,240 $21,070 $93,170
2016 $3,832 $114,240 $21,070 $93,170
2015 $3,736 $114,240 $21,070 $93,170
2014 $3,645 $114,240 $21,070 $93,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170265583

SmartMLS

APN: WINC M:107 B:019 L:025