Price Reduced 4.95%
$499,000 ($159.68 per sqft)
Under Contract - Continue to Show
Est. Mortgage $2,622/mo *
Price History
$525,000
11/2/2023
$499,000
12/19/2023
173 Arch Street, Hamden, CT, 06514
4 rooms
5 beds
3 Full / 1 Half baths
1925
3,125 sqft
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!
Status:
Under Contract - Continue to Show
Type:
Multi-family
Units:
4
Zoning:
T4
Heating:
Hot Air
Cooling:
None
Basement:
Full
Acreage:
0.16
Est. Taxes:
$8,544
Assessment
$151,550
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
187
MLS #:
170608198