1605 Chapel Street

New Haven, CT 06511
Beds
10
Baths
5
Square Ft.
4,341
$650,000
Outstanding Investment Opportunity! 7.5-Cap property w/NOI of nearly $50,000/year. Second floor unit was completely renovated w/ in-unit laundry last year. All three gas burners are new in addition to 2/3 hot water heaters are newer. First floor unit has longterm tenants, laundry hook-up in place and the add-value here isRead MoreRead Less
Courtesy of Chris Sinatra, Higgins Group Real Estate.
Listing Snapshot
Days Online
1
Last Updated
Property Type
3 Family
Beds
10
Full Baths
5
Square Ft.
4,341
Lot Size
0.16 Acres
Year Built
1900
MLS Number
24074887
30 Days Snapshot Of 06511
$398k
+72%
(avg) sold price
8
+100%
homes sold
139
+90%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Storage, Interior Access, Concrete Floor, Full With Hatchway
Building
New Construction Type: No/Resale, Built in 1900, Units on different Floors
Community
Commuter Bus, Medical Facilities, Park, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
Cooling
None
Expenses
Gross Annual Expense: 25325
Exterior Features
Balcony, Sidewalk, Gutters, Garden Area, Lighting, Vinyl Siding
Fireplaces
Fireplaces Total: 2
Foundation
Concrete, Masonry
Heating
Natural Gas, Baseboard, Radiator
Income
Gross Annual Income: 74016, Net Operating Income: 48691
Laundry
Laundry Room Location: Cellar W/D used by 1F/3F tenants, 2F has, Basement Hook-Up(s), Hook-Up In Unit 1, Washer/Dryer Some Units
Lot
0 acres, City Views, Lightly Wooded, Level Lot
Miscellaneous
Lock(s)
Energy Saving
Thermopane Windows
Property
4341 heated sqft above grade, 4341 total sqft, Not Applicable
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Taxes
Year: July 2024-June 2025
Utilities
Hot Water: {Natural Gas,40 Gallon Tank
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Jason Boice
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