About 1605 Chapel Street
Outstanding Investment Opportunity! 7.5-Cap property w/NOI of nearly $50,000/year. Second floor unit was completely renovated w/ in-unit laundry last year. All three gas burners are new in addition to 2/3 hot water heaters are newer. First floor unit has longterm tenants, laundry hook-up in place and the add-value here is the large LR can be converted to 4th bedroom for higher rent. Third floor unit also has longterm tenants and has laundry hook-up in basement.
Features of 1605 Chapel Street
| MLS® # | 24074887 |
|---|---|
| Price | $650,000 |
| Bedrooms | 10 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 4,341 |
| Acres | 0.16 |
| Year Built | 1900 |
| Type | Multi-Family For Sale |
| Sub-Type | 3 Family |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 1605 Chapel Street |
|---|---|
| Area | N/A |
| City | New Haven |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06511 |
Amenities
| Features | Thermopane Windows |
|---|---|
| Parking | None |
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Baseboard, Radiator, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Has Basement | Yes |
| Basement | Full, Unfinished, Storage, Interior Access, Concrete Floor, Full With Hatchway |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Exterior Features | Balcony, Sidewalk, Gutters, Garden Area, Lighting |
| Lot Description | City Views, Lightly Wooded, Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete, Masonry |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | February 21st, 2025 |
|---|---|
| Days on Market | 27 |
| Zoning | RM2 |
| RE / Bank Owned | No |
Listing Details
| Office | Higgins Group Real Estate |
|---|