$348,000
$348,000
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4 Beds
4 Baths
2,645 SqFt
SOLD DATE : 03/18/2021
Key Details
Sold Price $348,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,645 sqft
Price per Sqft $131
MLS Listing ID 170332687
Sold Date 03/18/21
Style Units on different Floors,3updown - Unit(s) per Floor
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1930
Annual Tax Amount $6,066
Lot Size 10,454 Sqft
Property Description
INVESTORS TAKE NOTE OF THIS MULTIFAMILY/COMMERCIAL BUILDING CURRENTLY HOUSING A MEDICAL PRACTICE ON THE FIRST FLOOR AND TWO APARTMENTS WITH 2 BEDROOMS EACH. BUILDING IS A BLOCK AWAY FROM THE WEST HAVEN GREEN WITH THE CONVENIENCE OF HAVING STORES, RESTAURANTS,PHARMACIES, LIBRARY, POST OFFICE, ETC., ETC... WITHIN WALKING DISTANCES! AMPLE PARKING IN THE DRIVEWAY FOR TENANTS AND GUESTS PLUS A 2 CAR GARAGE. FIRST FLOOR IS EQUIPPED WITH CENTRAL A/C. THIS PROPERTY WILL WORK WELL ALSO FOR A HOME OWNER OCCUPANT STARTING OUT. CENTRALLY LOCATED DOWNTOWN COME AND SEE!! TENANTS WERE LONG TERM OCCUPANTS: 20 YEARS AND 7 YEARS. LANDLORD NEVER RAISED THE RENTS AND WERE BELOW MARKET VALUE. FIRST FLOOR CAN BE DIVIDED INTO 2 OFFICES, THERE ARE 2 HALF BATHS. SELLER IS LOOKING FOR OFFERS! SECOND FLOOR HAS BRAND NEW FRIDGE AND GAS STOVE, PAINT AND REFINISHED HARDWOOD FLOORS. BUYERS PLEASE DO YOUR DUE DILIGENCE REGARDING THE TYPE OF BUSINESS ALLOWED. FIRST FLOOR OVER 20 YRS AGO HOUSED A DAY CARE AND A HAIR SALON. BUILDING IS A MIXED USE,COMMERCIAL BUILDING. OPERATING EXPENSES ARE $12440 YEARLY TO THIS YOU WOULD NEED TO ADD A YEARLY MORTAGE PAYMENT IF FINANCED. IF TOTAL RENTS ARE AT $1500 FIRST FLR AS AN OFFICE, $1200 SECOND FLOOR AND $850 THIRD WOULD GIVE YOU A $48,600 YEARLY INCOME. NET INCOME APPROX $12000 PLUS PER YEAR. COME TAKE A LOOK AND MAKE AN OFFER! PLEASE NOTE TAXES: $6066 PLUS FIRE TAX 2102. WEST HAVEN ADDS SEWER CHARGES WHICH ARE $852.
Location
State CT
County New Haven
Zoning CBD
Rooms
Basement Full, Full With Hatchway
Interior
Heating Baseboard, Gas on Gas
Cooling Central Air, Window Unit
Exterior
Exterior Feature Porch
Garage Detached Garage, Paved, Driveway
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools West Haven
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Bought with Jennifer Orr • Houlihan Lawrence WD
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "