$445,000
617 Elm Street New Haven, CT 06511
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$445,000
Est. payment /mo
5 BD
3 BA
3,002 SqFt
Price Dropped by $5K
617 Elm Street New Haven, CT 06511
UPDATED:
10/26/2024 01:52 AM
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,002 sqft
Price per Sqft $148
MLS Listing ID 24040338
Style Units on different Floors
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $8,899
Lot Size 7,840 Sqft
Property Description
Exceptional investment opportunity in a prime location! This spacious multi-family property features two 2-bedroom units and one 1-bedroom unit, making it perfect for investors or owner-occupants. The charming exterior includes a large front porch and second-floor deck, while inside you'll find beautiful wood floors, a cozy fireplace, and generously sized rooms. The 3-stall garage adds extra income potential, with two bays currently rented and one available. Off-street parking and a shared driveway provide added convenience for tenants. Each unit has separate utilities, including gas heating and stoves, making management straightforward and efficient. Ideally located within walking distance to downtown, schools, parks, and medical facilities, and just one block from shopping, this property offers unbeatable rental appeal. Recent comparable sales include 85 Beers St. ($470,000) and 47 Dickerman St. ($551,000), highlighting the value in this thriving neighborhood. With a sale price of $445,000 this gives a range of equity from $25,000-$81,000! Don't miss out on this income-producing asset with potential for added value!"
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water, Radiator
Cooling None
Exterior
Garage Detached Garage
Garage Spaces 3.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
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