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$ 610,000
Est. payment /mo
New
173 Arch Street Hamden, CT 06514
5 Beds
4 Baths
3,125 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,125 sqft
Price per Sqft $195
MLS Listing ID 24208873
Style Units on different Floors
Bedrooms 5
Full Baths 4
Year Built 1925
Annual Tax Amount $12,804
Lot Size 6,969 Sqft
Property Sub-Type 4 Family
Property Description
Incredible Opportunity! 173 Arch Street combines a street-level commercial space with three residential apartments, and additional rental income space with a converted attic apartment. The commercial unit was designed for a restaurant, but a new owner/operator can easily adapt it for another business. The building sits in a high-visibility spot near Yale, Albertus Magnus College and Southern Connecticut State University, which brings steady traffic and a deep pool of renters. The residential rental opportunities include: 2-Bedroom/1 Bath Apartment (Main Floor) 1-Bedroom/1 Bath Apartment (2nd Floor, 2 Separate Units) 1-Bedroom/1 Bath Attic Apartment All Units are currently rented with leases requiring tenants to pay utility costs. The property has a new roof (2023) and upgraded electrical with a 5-gang meter panel. There's ample off-street parking for commercial and residential tenants. This property is an excellent addition to your property portfolio - or a great way to get started in earning rental income. Schedule your showing today! Pictures coming 9/25
Location
State CT
County New Haven
Zoning T4
Rooms
Basement Partial
Interior
Heating Hot Air
Cooling Wall Unit
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete, Slab
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Meg Glynn • LPT Realty