New Listing - 06/18/2024

$485,000 ($240.10 per sqft)

Est. Mortgage $2,452/mo *

Quick Pre-Approval

408 Ocean Avenue, West Haven, CT, 06516

408 Ocean Avenue, West Haven, CT, 06516

8 rooms

4 beds

2 Full baths

1905

Units are Side-by-Side

2,020 sqft

Don't miss out on this impeccably maintained 2-unit multi-family waterfront home! This property offers an exceptional opportunity for investors seeking rental income or homeowners looking to occupy one unit while earning rental income from the other. Upon entering each unit, you'll be greeted by hardwood floors that guide you through the inviting living spaces. The spacious living rooms in each unit provide ample room for relaxation and entertainment, while the adjacent kitchens shine with newer countertops, updated cabinetry, and stainless steel appliances. Each unit is equipped with its own washer and dryer, adding an extra layer of convenience. This home has seen significant improvements, including front and rear entrances, new roof sheeting and shingles (8 years old), boilers and water heaters (6 years old), and refinished hardwood flooring throughout. Parking is hassle-free with dedicated spaces at the rear of the home, accessed by Osborn Ave, and a deeded right of way over the empty lot behind 402 Ocean Ave. A major selling point of this property is its membership in a small and private HOA (dues $200/year). The green across the street is the HOA area, a stunning private lawn space extending from Ocean Ave to the sea wall, only 16 homes. This area is perfect for relaxation and outdoor activities, accessible to both owners and tenants. Located near highways, shopping centers, the University of New Haven, Yale University, beaches, and train statio this property combines comfort and convenience. Current rents are well below market value with long-term tenants, presenting a fantastic opportunity for increased rental income. Seize this incredible opportunity to own a versatile and lucrative multi-family home in a prime waterfront location! A home sale package from the Association is available upon request.


Status:

Active

Type:

Multi-family

Laundry Remarks:

All Units Have Hook-Ups

Units:

2

Zoning:

R2

Garage:

None, Off Street Parking, Driveway

Heating:

Hot Water

Cooling:

Window Unit

Basement:

Crawl Space

Parking:

6-car

Common Charge:

$200 Annually

Acreage:

0.1

Est. Taxes:

$7,612

Assessment

$168,770

HOA Fee

$200

Lot Description:

Level Lot,Water View

Elementary School:

Per Board of Ed

Middle School:

Carrigan

High School:

West Haven

Days on Market:

13

MLS #:

24026364


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Jacek Mikolajczyk, Berkshire Hathaway NE Prop. Email: jacekmikolajczyk@bhhsne.com