Hamden, CT 06514,173 Arch Street

$505,000

Est. payment /mo

$499,000

1.2%
Est.Price: ?

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173 Arch Street Hamden, CT 06514

4 Baths

3,125 SqFt

SOLD DATE : 07/09/2024

Key Details

Sold Price $505,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,125 sqft

Price per Sqft $161

MLS Listing ID 170607772

Sold Date 07/09/24

Full Baths 3

Half Baths 1

Year Built 1925

Annual Tax Amount $8,428

Lot Size 6,969 Sqft

Property Description

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!

Location

State CT

County New Haven

Zoning T4

Interior

Heating Hot Air

Cooling None

Exterior

Utilities Available Electric, Gas, Fire Suppression System

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete, Stone

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Lauren Rasile • William Raveis Real Estate
Bought with Meghan Glynn • KW Legacy Partners

Charles Nedder

License ID: RES.0767158

+1(203) 524-4303

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