$ 550,000
607 Washington Avenue New Haven, CT 06519
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$ 550,000
Est. payment | /mo
1 Bed
1 Bath
3,910 SqFt
$ 550,000
Est. payment | /mo
1 Bed
1 Bath
3,910 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
Listed by James Huffman • Farnam Realty Group
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Jon Sigler
Sales Associate | RES.RES.0808054