About 621 Elm Street
Exceptional Investment Opportunity in Prime Elm St. Location! This 3-unit property offers incredible potential for investors or owner-occupants looking to generate steady income. Spanning 3,200 SF, the building includes 3, 2-bedroom/1-bath units, ready with two of them ready to achieve market rents of $1,500+ per month. With tenant-paid utilities and no arrears, this asset is a great opportunity to add to your portfolio. Additional features include wood flooring, oak kitchen cabinets, tiled kitchens and baths, and off-street parking. Located in the highly desirable Dwight Street Historic District, this property benefits from proximity to Pierson College, local shops, and other amenities, ensuring high rental demand. Recent comparable sales in the area, such as 85 Beers St. and 669 Elm St., support the value of this investment. Don't miss your chance to secure this income-generating asset in a sought-after location! AGENTS: Please refer to Agent-to-Agent remarks for additional details.
Features of 621 Elm Street
MLS® # | 24070596 |
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Price | $465,000 |
Bedrooms | 7 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 3,320 |
Acres | 0.15 |
Year Built | 1918 |
Type | Multi-Family For Sale |
Sub-Type | 3 Family |
Style | 3updown - Unit(s) per Floor |
Status | Active |
Community Information
Address | 621 Elm Street |
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Area | N/A |
City | New Haven |
County | New Haven |
State | Connecticut |
Zip Code | 06511 |
Amenities
Parking | None |
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Is Waterfront | No |
Waterfront | Not Applicable |
Has Pool | No |
Interior
Heating | Hot Air, Natural Gas |
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Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | Full |
Exterior
Exterior | Vinyl Siding |
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Exterior Features | Porch-Enclosed, Sidewalk, Porch, Gutters, Lighting |
Lot Description | Level Lot |
Roof | Asphalt Shingle |
Foundation | Concrete |
School Information
Elementary | Per Board of Ed |
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High | Per Board of Ed |
Additional Information
Date Listed | January 27th, 2025 |
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Days on Market | 19 |
Zoning | RM2 |
RE / Bank Owned | No |
Listing Details
Office | Century 21 AllPoints Realty |
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