Property Details
Basic Information
- MLS Number: 5088004
- List Price: $530,000
- Lot Description: Corner, Landscaped, Trail/Near Trail
- Date Listed: 05/10/2026
- Virtual Tour: Virtual Tour
- Units: 5
- Description: Investors take notice! Strong cash-flowing 5-unit multifamily property with separate utilities for each unit, making this an ideal low-maintenance investment or 1031 exchange opportunity. Tenants pay their own heat, hot water, and electricity, helping minimize owner expenses and maximize returns. Current monthly rental income is $5,400, not including the spacious 3-bedroom basement apartment that is currently owner-occupied, offering immediate upside potential for additional rental income. There is also opportunity for future rent increases and added income from potential coin-operated laundry using the existing common washer/dryer hookup. The property features clean, well-kept units with stable long-term tenants already in place. Set back from the road on an elevated lot, the building offers a quiet and private setting that tenants appreciate. A solid investment opportunity with reliable income, strong cash flow, tenant-supported operating costs, and long-term appreciation potential. Whether you are expanding your portfolio or completing a 1031 exchange, this income-producing asset is worth a look.
Building
- Acreage: 1.8
- Square Feet: 5,321
- Year Built: 1920
- Zoning: Res
- Roof: Slate
- Building Construction: Masonry
- Foundation: Concrete
Location
- County: Cheshire
- Town: Winchester
Finance
- Taxes: $9,829
Interior Features
Bathrooms
- Bathrooms: 5
Basement
- Basement: Finished
Utilities and Appliances
Utilities and Appliances
- Utilities: Propane
Community
Schools
- Elementary School: Winchester School
- High School: Hinsdale Sr. High School
Amenities
- Other Amenities: Basement
Other Details
Water
- Water: Public
