607 Washington Avenue Under Contract

New Haven,CT 06519

$ 550000

1 Bed

1 Bath

3910 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,910 sqft

Price per Sqft $140

MLS Listing ID 24018521

Style Units on different Floors

Bedrooms 1

Full Baths 1

Year Built 1900

Annual Tax Amount $8,926

Lot Size 8,276 Sqft

Property Description

Don't miss your chance to own this well maintained 6 unit mixed use property. There is 3 residential units and 3 commercial spaces all fully occupied. On the first level is a Barbershop, Grocery, and Restaurant. Two of the three residential units have been renovated in recent years and offer newer flooring, kitchen cabinets, appliances, bathrooms and Central Air. To the right of the property is a large parking area for tenants to use. This property offers additional value add by increasing the rents to Market Rate. Currently it performs at a 12% Cap Rate.

Location

State CT

County New Haven

Zoning RM2

Rooms

Basement Full,Unfinished

Interior

Heating Baseboard,Hot Air

Cooling Central Air,Window Unit

Exterior

Garage None,Off Street Parking

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description City Views

Foundation Block

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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