607 Washington Avenue New Haven, CT ^$ 550,000

607 Washington Avenue

^$ 550,000

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607 Washington Avenue

New Haven, CT, 06519

^$ 550,000

Bedrooms1 Baths1.0 Sq 3,910

Monthly Estimate*

^$ 3,294

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Multi-Family Home for sale in New Haven, CT

for $550,000 with 1 bedroom and 1 full bath. This 3,910 square foot home was built in 1900 on a lot size of 0.19.

Don't miss your chance to own this well maintained 6 unit mixed use property. There is 3 residential units and 3 commercial spaces all fully occupied. On the first level is a Barbershop, Grocery, and Restaurant. Two of the three residential units have been renovated in recent years and offer newer flooring, kitchen cabinets, appliances, bathrooms and Central Air. To the right of the property is a large parking area for tenants to use. This property offers additional value add by increasing the rents to Market Rate. Currently it performs at a 12% Cap Rate.

Multi-Family Pending

Price

^$ 550,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Units on different Floors

Lot Size

0.19

Year Built

1900

Town/City

New Haven

MLS | Web ID

24018521

Features

General

Zoning RM2

Full Baths 1

Half Baths 0

Year Built 1900

Neighborhood N/A

Style Units on different Floors

Heater Type Baseboard Hot Air

County New Haven

Property SubType 5 Family+

Tax Year July 2024-June 2025

Net Operating Income 76240

Property Type Multi-Family For Sale

Status Under Contract

Acres 0.19

Directions GPS

High School Per Board of Ed

City New Haven

Elementary School Per Board of Ed

Sq Ft Total 3910

DOM 124

Year Built Source Public Records

Interior

Cooling System Central Air Window Unit

Basement Description Full Unfinished

Total Rooms 0

Hot Water 30 Gallon Tank

Total Bathrooms 1

Total Bedrooms 1

Total Number of Units 6

Exterior

Water Source Public Water Connected

Garage Parking None Off Street Parking

Lot Description City Views

Pool? 0

* Excluded Features

List By

James Huffman

Listing Agent

Farnam Realty Group

Broker

james@farnamgroup.com

Affordability Calculator

$3,294

Per Month

Monthly Principal & Interest: $3,294
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% 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

Trends
Schools

Multi-family listings in New Haven, CT

Average List Price ^$453,767

Percent of Sale Price 17%

About New Haven, CT

131,072 Population

6% Since 2002

^$40,263 Median Income

33.2 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

896384 Elementary School

895528 Middle School

Per Board Of Ed High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/16/2024	$550,000		Listed Price

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607 Washington Avenue, New Haven, CT, 06519 is a Multi-Family Home for sale at $550,000 with 3,910 sqft and a lot size of 0.19. 607 Washington Avenue has 1 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 06519 which is in New Haven, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% 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.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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607 Washington Avenue

Multi-Family Home for sale in New Haven, CT

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