Price Reduced 1.11%
Price History
$450,000
8/16/2024
$445,000
10/16/2024
617 Elm Street, New Haven, CT, 06511
14 rooms
5 beds
3 Full baths
1900
Units on different Floors
3,002 sqft
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!"
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
RM2
Garage:
3-car Detached Garage
Heating:
Hot Water, Radiator
Cooling:
None
Basement:
Full, Unfinished
Acreage:
0.18
Est. Taxes:
$8,899
Assessment
$231,140
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
79
MLS #:
24040338
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of Lisa Cozzi, Berkshire Hathaway NE Prop. Email: mulveylisa@gmail.com