$605,000
$625,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
8,814 SqFt
SOLD DATE : 11/21/2023
Key Details
Sold Price $605,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,814 sqft
Price per Sqft $68
MLS Listing ID 170508551
Sold Date 11/21/23
Bedrooms 7
Full Baths 5
Year Built 1876
Annual Tax Amount $11,888
Lot Size 0.430 Acres
Property Description
Stately Italianate Victorian with a storied history. All units occupied with excellent tenants. All leases have annual increases built in. Coin Operated Laundry in basement provides extra income. 3 garages are rented. 5 off street parking spaces. All units are in excellent condition, and each unit has a 5 year certificate of compliance that was renewed in June of 2022. This property is a solid 9+% CAP rate. No showings without verification of Buyer's financial qualifications, either proof of funds OR a Commercial Letter of Qualification from a certified Lender-No exceptions. Commercial financing required with a minimum of 25% down. Certified Commercial Appraisal available for Pre-Qualified Buyers.
Location
State CT
County New Haven
Zoning R-3
Interior
Heating Baseboard, Gas on Gas, Radiator
Cooling None
Flooring Ceramic Tile, Vinyl, Wall-to-Wall Carpet, Wood
Exterior
Parking Features Detached Garage, Assigned Parking, Off Street Parking
Utilities Available Electric, Gas, Cable Available
Roof Type Asphalt Shingle
Building
Lot Description Sloping Lot, Treed
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Luis Martins • William Raveis Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "