Sold

Closed

72-74 Washington Avenue

Hamden CT, 06518

$550,000


$211.62 per sqft

Sold

Closed

6 Beds

3 Baths

2,599 sqft

Multi-family

Built in 1920

Presenting a distinguished investment opportunity near Quinnipiac University, this property is a newly listed three-family residence boasting approximately 2,599 square feet of living space. Situated on Washington Avenue, the location is a mere 3.2 miles or a 7-minute drive from the university's main campus, offering convenient access to I-91, the Merritt Parkway, and the renowned Sleeping Giant State Park, celebrated for its picturesque hiking trails and vistas. Proximity to essential shopping and services further enhances this property's appeal. The architectural layout of each unit encompasses two bedrooms, one full bathroom, a welcoming living room, and a well-appointed kitchen. Additional amenities include a basement featuring laundry facilities, a two-car detached garage, a spacious backyard, and ample off-street parking. This property represents a lucrative rental income stream, with leases in place through June 30, 2025, and a current monthly rent of $5,100. It stands as an exceptional investment that promises a robust return, epitomizing the term "absolute cash cow."

24018319

MLS ID

May 16, 2024

Listed

December 21, 2024

Updated

Map

72-74 Washington Avenue
Hamden CT, 06518

Interior Features

Bedrooms

6


Total Bathrooms

3


Full Bathrooms

3


Laundry Description

Common Area


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas, Forced Air

Exterior/Building Features

Lot Size

0.33 Acres


Lot Features

Level


Architectual Style

Units on different Floors


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

Per Board of Ed


Elementary School

Per Board of Ed

Other Property Details

Area Name

N/A


Taxes

$10,829


Tax Frequency

Annually


Days on Market

182


Garage

Yes


Garage Spaces

2


Parking Total

2


View

No


County

New Haven


Water Source

Public


Pool

No


Zoning

T3

Listing History

Date

Event

Price

12/20/2024

Sold

$550,000

11/21/2024

Under contract

9/18/2024

Price change

$575,000

-12%

5/23/2024

Active

Listed by Ralph Lewis with Coldwell Banker Realty

Listing Contact: 2036109670 

The IDX display contains information sourced from the  Smart MLS, Inc as of 12/21/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/21/2024 at 4:26 AM UTC

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