Share This Listing

Message

930 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Highly Walkable Community
  • Recent Capital Improvements
  • Major Artery to Downtown

Executive Summary

USMF is pleased to present Winchester Apartments. A 3-Unit Multifamily Property where tenants pay utilities. Rents are currently 20-40% below market allowing the future investors to capitalize on the value add opportunity. The area has strong renter demand with low vacancy rate. There have been recent capital improvements including but not limited to a new roof, windows, flooring and mechanical systems. The property is in proximity to Yale University, downtown New Haven, numerous restaurants, I-91, I-95 & New Haven MTA Station.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $73,035 $10.11
Other Income $1,641 $0.23
Vacancy Loss $3,652 $0.51
Effective Gross Income $71,025 $9.83
Taxes - -
Operating Expenses - -
Total Expenses $26,955 $3.73
Net Operating Income $44,070 $6.10

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $73,035
Annual Per SF $10.11
Other Income (CAD)
Annual $1,641
Annual Per SF $0.23
Vacancy Loss (CAD)
Annual $3,652
Annual Per SF $0.51
Effective Gross Income (CAD)
Annual $71,025
Annual Per SF $9.83
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $26,955
Annual Per SF $3.73
Net Operating Income (CAD)
Annual $44,070
Annual Per SF $6.10

Property Facts

Price $739,643 CAD
Price Per Unit $246,548 CAD
Sale Type Investment
Gross Rent Multiplier 10
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.09 AC
Building Size 7,227 SF
No. Stories 3
Year Built 1920
Opportunity Zone Yes
Zoning RM2

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Walk-Up
  • Smoke Detector
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
NHVN-000287-000489-001700
Land Assessment
$44,369 CAD
Improvements Assessment
$212,406 CAD
Total Assessment
$256,775 CAD
  • Listing ID: 38096499

  • Date on Market: 2025-10-16

  • Last Updated:

  • Address: 694 Winchester Ave, New Haven, CT 06511

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}