West Haven, CT 06516,748 Savin Avenue

$348,000

$348,000

Est.Price: ?

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Est. payment /mo

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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Listed by Enilda Rosas • Coldwell Banker Realty
Bought with Jennifer Orr • Houlihan Lawrence WD
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