718 Winchester Avenue

New Haven, CT 06511

$385,000
Price
8
Beds
3
Baths
2,767 Sq. Ft.
$139 / Sq. Ft.
2,767
Sq. Ft.
$139
per Sq. Ft.

Description

Discover this 3-family property on Winchester Ave, perfect for both owner-occupants and savvy investors. The home features a fenced front yard, durable vinyl siding, and separate utilities, with 3-bedroom units on the 1st and 2nd floors, and a 2-bedroom unit on the 3rd floor. With one tenant currently on a month-to-month lease and below-market rent, you have the potential to increase income, with market rates around $1,700+/month for the remaining units. Can also be purchased with 721 Winchester...Discover this 3-family property on Winchester Ave, perfect for both owner-occupants and savvy investors. The home features a fenced front yard, durable vinyl siding, and separate utilities, with 3-bedroom units on the 1st and 2nd floors, and a 2-bedroom unit on the 3rd floor. With one tenant currently on a month-to-month lease and below-market rent, you have the potential to increase income, with market rates around $1,700+/month for the remaining units. Can also be purchased with 721 Winchester Ave just across the street. Great start or addition to your investment portfolio! Mls# 24055834. Comparable closed sales nearby include: Enjoy the Sweat Equity/Appreciation or pull Equity Out and build our investment portfolio. - 270 Huntington St: $605,000 (above-average finishes) - 264 Huntington St: $592,500 (above-average finishes) - 263 Highland St: $457,500 (average condition) - 258 Highland St: $439,000 (below-average condition) - 252 Sheffield Ave: $435,000 (below-average condition) This is a rare opportunity in a high-demand area!
  1. Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
    P: (860)-633-3674 C: (860)-508-2102 mulveylisa@gmail.com
  2. Listed by Chantal Lallier • Berkshire Hathaway NE Prop.
    P: (860)-633-3674 C: (860)-729-4176 chantallallier@bhhsne.com

Property Details for 718 Winchester Avenue

Basement Description
Full, Unfinished
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 11/12/2024 05:57 PM

Property Details for 718 Winchester Avenue

StatusActive
MLS #24048794
Days on Market58
Taxes$6,387 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1920
Lot Size0.10 AC / 4,356 SF
CountyNew Haven County

Building Information for 718 Winchester Avenue

Stories-Residences3Year Built1920Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 718 Winchester Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.33043
  • Longitude: -72.926146
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $6,387
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 14
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1920
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1252391
  • Sq Ft Est Heated Above Grade: 2767.0
  • Sq Ft Total: 2767.0
  • Zoning: RM2
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Other
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 13167
  • Gross Annual Income: 15600
  • Net Operating Income: $2,433
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 14
Unit 1
  • Listing Key: 22CE5E71BFE7FAADE063D501100AB781
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 11-12-2024
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Vacant
Unit 2
  • Lease: Monthly
  • Listing Key: 22CE5E71BFE7FAADE063D501100AB781
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 11-12-2024
  • Unit Monthly Rent: $1,300
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Listing Key: 22CE5E71BFE7FAADE063D501100AB781
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 11-12-2024
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant

Property History for 718 Winchester Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 718 Winchester Avenue

Taxable ValueLand$32,200Additions$133,700Total$165,900
Tax Record2024$6,387 ($532 / month)
Home Facts
Baths3Total Finished SqFt2,767 SqFtAbove Grade Finished SqFt2,767 SqFtStories3Lot Size4,280 SqFtStyleTriplexYear Built1920ZoningRM2CountyNEW HAVENAPNNHVN M:287 B:0489 L:01200

Schools near 718 Winchester Avenue

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 8 to 12
Public - PK to 8
Rating
School
Distance
Lincoln-Bassett School
PublicPK to 6

Polly T. Mccabe Center
Public8 to 12

King/Robinson Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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718 Winchester Avenue is a multi-family home for sale in New Haven, CT 06511. This property was listed for sale on September 23, 2024 by Berkshire Hathaway NE Prop., it's currently listed at $385,000. It has been on the market for a total of 58 days and was last sold on September 5, 2017. This listing's school district is New Haven School District. Nearby schools include Lincoln-Bassett School, Celentano Biotech Health and Medical Magnet School and Polly T. Mccabe Center. 718 Winchester Avenue is a 8-bed, 3-bath, 2,767 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Chantal Lallier

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.