175 Main Street
Winchester,
Connecticut
06098
- Commercial
- PRICE REDUCED
- 9 Full Baths
- 10432 SqFt
- Year Built 1900
- Misc
- ML# 24037186
Property Details
Overview
Addresses include 175 Main Street and 183 Main Street in Winsted, CT. Amazing opportunity to acquire a 9 Unit Asset (7 Apartments + 2 Retail) in Winsted with anchor tenant Noli's Restaurant (Rent $2, 266 w 3% increase/year) w over 20 years in business! Pride of Ownership is evident with Capital Improvements made by the current owners, including: new water heaters, heating zones, electrical upgrades, fire rated tenant main doors & new fire alarms/strobes in both buildings. The unit mix is: 1, 4 bedroom ($1, 100); 4, 2 bedrooms ($1, 000; $1, 050; $900; the other can be rented for up to $1500 per month) and 2, 1 bedroom units ($950 each). The 175 Main St had a roof replacement in 2021, a privacy fence enclosure installed & all 4 residential units have gone through renovations. 183 Main St has had a roof replacement in 2023, aft wall structural repair, new studs, insulation, beams & siding. 183 2A has been refurbished. One retail space is leased to Noli's Restaurant which has a patio. Noli's pays their heat and electric. The current owner leased the second retail space to Northwest Soup & Deli ($1500 then $1650 on 1/1/2025) and this establishment has all new equipment. They pay their own electric and a fixed gas, water/sewer reimbursement to the Owner. The residential tenants pay their electric. Owners are very meticulous and detail oriented. This is a seamless opportunity to own a well-run asset. Properties being sold together.
Key Facts
- •SqFt: 10432.00
- •Lot Size: 0.13
- •Lot Sq Ft: 10432
- •Zoning: TC
- •Heat: Baseboard
- •A/C: Central Air, Window Unit
- •Water: Public Water Connected
- •Sewer: Public Sewer Connected
Listing Information provided courtesy of
Berkshire Hathaway NE Prop.
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