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Property Description

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.

Features
: Baseboard
: Central air, Window unit
: Full
: Flat
Address Map
US
CT
Litchfield
Winchester
06098
Main
175
0
E0° 0' 0''
N0° 0' 0''
MLS Addon
Property located on Main Street (route 44) across
: Not applicable
: Public water connected
46
Per Board of Ed
Per Board of Ed
Per Board of Ed
: Patio
$0
0
: Natural gas, Electric
Ryan Rea
BHHS10
Berkshire Hathaway NE Prop.
: Private school(s), Park, Public rec facilities, Lake, Medical facilities, Basketball court, Health club, Playground/tot lot
: No/resale
0
928110
: Public sewer connected
July 2024-June 2025
0
9
0
0
Units on different Floors,Units are Side-by-Side
TC

Listing courtesy of Ryan Rea from Berkshire Hathaway NE Prop.

Investment Opportunity

175 Main, Winchester, Connecticut 06098

14 Bedrooms
7 Bathrooms
4,860 Sqft
$1,100,000
Listing ID #24037338
Basic Details
Property Type : Multi-family For Sale
Listing ID : 24037338
Price : $1,100,000
View : Yard
Bedrooms : 14
Baths Total : 7
Bathrooms : 7
Half Bathrooms : 0
Square Footage : 4,860 Sqft
Year Built : 1900
Lot Area : 0.13 Acre
Status : Active
Property Sub Type : 5 Family+
Agent/Office Info
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