Price Reduced 11.52%

$575,000 ($221.24 per sqft)

Under Contract - Continue to Show

Est. Mortgage $2,795/mo *

Quick Pre-Approval

Price History

$649,900
5/16/2024

$575,000
9/18/2024


72-74 Washington Avenue, Hamden, CT, 06518

72-74 Washington Avenue, Hamden, CT, 06518

9 rooms

6 beds

3 Full baths

1920

Units on different Floors

2,599 sqft

Presenting a distinguished investment opportunity near Quinnipiac University, this property is a newly listed three-family residence boasting approximately 2,599 square feet of living space. Situated on Washington Avenue, the location is a mere 3.2 miles or a 7-minute drive from the university's main campus, offering convenient access to I-91, the Merritt Parkway, and the renowned Sleeping Giant State Park, celebrated for its picturesque hiking trails and vistas. Proximity to essential shopping and services further enhances this property's appeal. The architectural layout of each unit encompasses two bedrooms, one full bathroom, a welcoming living room, and a well-appointed kitchen. Additional amenities include a basement featuring laundry facilities, a two-car detached garage, a spacious backyard, and ample off-street parking. This property represents a lucrative rental income stream, with leases in place through June 30, 2025, and a current monthly rent of $5,100. It stands as an exceptional investment that promises a robust return, epitomizing the term "absolute cash cow."


Status:

Under Contract - Continue to Show

Type:

Multi-family

Laundry Remarks:

Common Laundry Area

Units:

3

Zoning:

T3

Garage:

2-car Detached Garage

Heating:

Hot Air

Cooling:

None

Basement:

Full

Acreage:

0.33

Est. Taxes:

$10,829

Assessment

$194,740

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

182

MLS #:

24018319


Community Info

School Info

Walk Score

Mass Transit

Yelp


Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Ralph Lewis, Coldwell Banker Realty Email: ralph.lewis@cbrealty.com