607 Washington Avenue

New Haven, Connecticut 06519

Status
Sale Pending
Square Feet
3,910
Beds
1
Price
$550,000
Type
Multi-Family For Sale
Garages
0
Baths
1
MLS
24018521

Price

$550,000

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Interior Details

Interior Size
3,910 Sq Ft
Bedrooms
1
Bathrooms
1
Rooms Total
Garage
0

Exterior Details

Lot Size
0.19 Acres
Roof
Flat
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Central Air,Window Unit

Other Information

Property Tax
$8,926
Assessed Value
$231,840
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

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.
Listed by Farnam Realty Group, James Huffman. Data sourced from SmartMLS

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