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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,320 sqft
Price per Sqft $135
MLS Listing ID 24070596
Sold Date 03/05/25
Style 3updown - Unit(s) per Floor
Bedrooms 7
Full Baths 3
Year Built 1918
Annual Tax Amount $7,810
Lot Size 6,534 Sqft
Property Sub-Type 3 Family
Property Description
Exceptional Investment Opportunity in Prime Elm St. Location! This 3-unit property offers incredible potential for investors or owner-occupants looking to generate steady income. Spanning 3,200 SF, the building includes 3, 2-bedroom/1-bath units, ready with two of them ready to achieve market rents of $1,500+ per month. With tenant-paid utilities and no arrears, this asset is a great opportunity to add to your portfolio. Additional features include wood flooring, oak kitchen cabinets, tiled kitchens and baths, and off-street parking. Located in the highly desirable Dwight Street Historic District, this property benefits from proximity to Pierson College, local shops, and other amenities, ensuring high rental demand. Recent comparable sales in the area, such as 85 Beers St. and 669 Elm St., support the value of this investment. Don't miss your chance to secure this income-generating asset in a sought-after location! AGENTS: Please refer to Agent-to-Agent remarks for additional details.
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full
Interior
Heating Hot Air
Cooling None
Exterior
Exterior Feature Porch-Enclosed, Sidewalk, Porch, Gutters, Lighting
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected, Public Sewer In Street
Water Public Water Connected, Public Water In Street
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Chantal Lallier • Century 21 AllPoints Realty