$550,000 ($140.66 per sqft)

Under Contract

Est. Mortgage $2,781/mo *

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607 Washington Avenue, New Haven, CT, 06519

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1 beds

1 Full baths

1900

Units on different Floors

3,910 sqft

Don't miss your chance to own this well maintained 6 unit mixed use property. There is 3 residential units and 3 commercial spaces all fully occupied. On the first level is a Barbershop, Grocery, and Restaurant. Two of the three residential units have been renovated in recent years and offer newer flooring, kitchen cabinets, appliances, bathrooms and Central Air. To the right of the property is a large parking area for tenants to use. This property offers additional value add by increasing the rents to Market Rate. Currently it performs at a 12% Cap Rate.

Status:

Under Contract

Type:

Multi-family

Units:

Zoning:

RM2

Garage:

None, Off Street Parking

Heating:

Baseboard, Hot Air

Cooling:

Central Air, Window Unit

Basement:

Full, Unfinished

Parking:

12-car

Acreage:

0.19

Est. Taxes:

$8,926

Assessment

$231,840

Lot Description:

City Views

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

MLS #:

24018521

Community Info

School Info

Walk Score

Mass Transit

Yelp

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