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Key Details
Sold Price $925,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,934 sqft
Price per Sqft $155
MLS Listing ID 24020480
Sold Date 10/04/24
Full Baths 11
Year Built 1900
Annual Tax Amount $14,878
Lot Size 1,742 Sqft
Property Description
Rarely available 11 unit multifamily under one roof in the Hillside neighborhood. Property consists of all 1 bed units. The utilities are separate and tenant paid - a mix of gas and electric. Approximately half of the units are updated with a variety of newer flooring, fixtures, paint, kitchens and baths. Roughly half the rents are below market = good upside for a 10% CAP/pro-forma. On-Street parking only and minimal yard = low/inexpensive exterior maintenance. Great opportunity for value add asset with cash flow.
Location
State CT
County New Haven
Zoning RM
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Gutters, Lighting
Utilities Available Electric, Gas, Phone Available, Cable Available
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 3
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Lucas Chaves • Coldwell Banker Calabro
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