173 Arch Street Hamden, CT $ 499,000
173 Arch Street
$ 499,000
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173 Arch Street

Hamden, CT, 06514
$ 499,000
Baths3.1 Sq 3,125

Monthly Estimate*

$ 3,486

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Studio

Commercial Property for sale in Hamden, CT

for $499,000 with 3 full baths, 1 half bath. This 3,125 square foot building was built in 1925 on a lot size of 0.16.

Here's your opportunity to acquire an income-generating property in close proximity to Yale, Albertus Magnus College, and Southern Connecticut State University! This four-unit property offers an incredible investment opportunity, featuring a commercial space currently operating as a restaurant, along with three residential apartments, all featuring updates throughout! The main level consists of a two-bedroom, one-bathroom apartment. Upstairs features a one-bedroom, one-bathroom unit along with a one-bedroom, one-bathroom unit, with separate entrance. There is a walk-up attic on the second floor, providing additional storage space. New roof 2023, updated five gang electrical meters and panel. This property is in a convenient location with high visibility, ample parking for both commercial and residential tenants, and easy access to transportation and major highways. With strong income potential, you don’t want to miss this opportunity!

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Full Bath

3

Half Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.16

Year Built

1925

Town/City

Hamden

MLS | Web ID

170607772

Features
General
Zoning T4
Full Baths 3
Half Baths 1
Year Built 1925
Neighborhood N/A
Heater Type Hot Air
County New Haven
Present Use Restaurant Residential
Tax Year July 2023-June 2024
Location Urban
Property Type Commercial For Sale
Status Active
Acres 0.16
Directions GPS friendly
City Hamden
Street Name Arch
Sq Ft Total 3125
DOM 175
Video Tour Y/N 0
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Interior
Cooling System None
Total Rooms 0
Utilities Available Electric Gas Fire Suppression System
Total Bathrooms 4
Total Bedrooms 0
Total Number of Units 4
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Exterior
Water Source Public Water Connected
Lot Description Level Lot
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Internal Only
Street Number 1 173
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* Excluded Features
List By
Lauren Rasile

Listing Agent

William Raveis Real Estate

Broker

laurenrasile@gmail.com

Email

Affordability Calculator

$3,486
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,486
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2023$499,000 -4.95% Price Down
11/1/2023$525,000 Listed Price

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173 Arch Street, Hamden, CT, 06514 is a Commercial Property for sale at $499,000 with 3,125 sqft and a lot size of 0.16. 173 Arch Street is a studio with 3.1 baths and was built in 1925. The property's zip code is 06514 which is in Hamden, CT