Pending

Under Contract

607 Washington Avenue

New Haven CT, 06519

$550,000


$140.66 per sqft

Pending

Under Contract

1 Bed

1 Bath

3,910 sqft

Multi-family

Built in 1900

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.

24018521

MLS ID

May 16, 2024

Listed

October 1, 2024

Updated

Map

607 Washington Avenue
New Haven CT, 06519

Interior Features

Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Window Unit(s)


Heating

Yes


Heating Description

Natural Gas, Baseboard, Forced Air

Exterior/Building Features

Lot Size

0.19 Acres


Architectual Style

Units on different Floors


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

$8,926


Tax Frequency

Annually


Days on Market

13


Garage

No


Parking

Off Street, None


Parking Total

12


View

Yes


View Description

City


County

New Haven


Water Source

Public


Pool

No


Zoning

RM2

Listing History

Date

Event

Price

5/30/2024

Pending

Listed by James Huffman with Farnam Realty Group

Listing Contact: 2036712719 

The IDX display contains information sourced from the  Smart MLS, Inc as of 10/1/2024. 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 10/1/2024 at 11:50 PM UTC

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