621 Elm Street, New Haven, Connecticut

$465,000

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7

Beds

3

Baths

3,320

Square feet

0.15

Acres

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
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
Area N/A
City New Haven
County New Haven
State Connecticut
Zip Code 06511

Amenities

Parking None
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Hot Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Vinyl Siding
Exterior Features Porch-Enclosed, Sidewalk, Porch, Gutters, Lighting
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Concrete

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed January 27th, 2025
Days on Market 19
Zoning RM2
RE / Bank Owned No

Listing Details

OfficeCentury 21 AllPoints Realty

Listing Map

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