617 Elm Street

New Haven, CT 06511 Directions
$439,000
  • 5Bed
  • 3Baths
  • 3,002Sqft
  • 0.18Acres
  • 1900Built
  • $146Price/Sqft

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 147
  • MLS: 24040338

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 147
  • MLS: 24040338

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....

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 147
  • MLS: 24040338

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!"

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!"

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  • Additional Information
    • Acres: 0.18
    • Basement Description: Full, Unfinished
    • Garage: Detached Garage
    • Garage Count: 3
    • Gross Expenses: 14548
    • Gross Income: 23400
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Living Area SqFt: 3,002
    • Property Tax: $8,899
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors
    • Tax Amount: $8,899
    • Unit Count: 3
    • Year Built: 1900
    • Year Built Details: Public Records
    • Zoning: RM2
  • Interior Features
    • Beds: 5
    • Full Baths: 3
    • Furnace Type: Natural Gas
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Hot Water: Other
    • Rooms: 14
    • Total Baths: 3
  • Exterior Features
    • Exterior Siding: Vinyl Siding, Asbestos
    • Roof: Asphalt Shingle

Listing Courtesy of Beth Diloreto of Berkshire Hathaway NE Prop.

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