Hamden, CT 06518,72-74 Washington Avenue

$550,000

$575,000

4.3%
Est.Price: ?

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Est. payment /mo

6 Beds

3 Baths

2,599 SqFt


SOLD DATE : 12/20/2024

Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,599 sqft

Price per Sqft $211

MLS Listing ID 24018319

Sold Date 12/20/24

Style Units on different Floors

Bedrooms 6

Full Baths 3

Year Built 1920

Annual Tax Amount $10,829

Lot Size 0.330 Acres

Property Description

Presenting a distinguished investment opportunity near Quinnipiac University, this property is a newly listed three-family residence boasting approximately 2,599 square feet of living space. Situated on Washington Avenue, the location is a mere 3.2 miles or a 7-minute drive from the university's main campus, offering convenient access to I-91, the Merritt Parkway, and the renowned Sleeping Giant State Park, celebrated for its picturesque hiking trails and vistas. Proximity to essential shopping and services further enhances this property's appeal. The architectural layout of each unit encompasses two bedrooms, one full bathroom, a welcoming living room, and a well-appointed kitchen. Additional amenities include a basement featuring laundry facilities, a two-car detached garage, a spacious backyard, and ample off-street parking. This property represents a lucrative rental income stream, with leases in place through June 30, 2025, and a current monthly rent of $5,100. It stands as an exceptional investment that promises a robust return, epitomizing the term "absolute cash cow."

Location

State CT

County New Haven

Zoning T3

Rooms

Basement Full

Interior

Heating Hot Air

Cooling None

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Read Less Info

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Listed by Ralph Lewis • Coldwell Banker Realty
Bought with Craig Armistead • Berkshire Hathaway NE Prop.
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