516 Elm Street

New Haven, CT 06511 Directions
$300,000
  • 6Bed
  • 3Baths
  • 3,616Sqft
  • 0.08Acres
  • 1910Built
  • $83Price/Sqft

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 28
  • MLS: 24154243

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 28
  • MLS: 24154243

Investment opportunity regarding a fire damaged building being sold in "As-Is" condition. Under new zoning ordinances, there is potential for a four unit conversion with minimal relief needed. The property is ideally located within walking distance of Yale shops and restaurants. Redeveloping this property offers the opportunity to take advantage of property tax abatements and to appeal the existing value. The appeal period is currently open & closes this month.

Investment opportunity regarding a fire damaged building being sold in "As-Is" condition. Under new zoning ordinances, there is potential for a four unit conversion with minimal relief needed. The property is ideally located within walking distance of Yale shops and restaurants. Redeveloping this property offers the opportunity to take advantage of property tax abatements and to appeal the existing value. The appeal period is currently open & closes this month.

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  • Additional Information
    • Acres: 0.08
    • Basement Description: Full, Unfinished
    • High School: Per Board of Ed
    • Is Occupied?: Vacant
    • Living Area SqFt: 3,616
    • Property Tax: $8,274
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors
    • Tax Amount: $8,274
    • Unit Count: 3
    • Year Built: 1910
    • Year Built Details: Public Records
    • Zoning: RM2
  • Interior Features
    • Beds: 6
    • Full Baths: 3
    • Furnace Type: No Fuel
    • Heat: No Fuel
    • Heat Fuel: No Fuel
    • Hot Water: Other
    • Rooms: 12
    • Total Baths: 3
  • Exterior Features
    • Exterior Siding: Vinyl Siding
    • Roof: Asphalt Shingle

Listing Courtesy of Natalie Zoef of Vanguard Private Client Grp.

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