516 Elm Street

Investment opportunity regarding a fire damaged building being sold in "As-Is" condition. Under new zoning ordinances, there is potential for a four unit conversion with minimal relief needed. The property is ideally located within walking distance of Yale shops and restaurants. Redeveloping this property offers the opportunity to take advantage of property tax abatements and to appeal the existing value. The appeal period is currently open & closes this month. The property shall be purchased on a SITE-UNSEEN basis. Future owner & future owners agent acknowledges & agrees that NO interior access or inspections of the building shall be permitted prior to closing.