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Property Description

Exceptional investment opportunity in a prime location! This spacious multi-family property features two 2-bedroom units and one 1-bedroom unit, making it perfect for investors or owner-occupants. The charming exterior includes a large front porch and second-floor deck, while inside you’ll find beautiful wood floors, a cozy fireplace, and generously sized rooms. The 3-stall garage adds extra income potential, with two bays currently rented and one available. Off-street parking and a shared driveway provide added convenience for tenants. Each unit has separate utilities, including gas heating and stoves, making management straightforward and efficient. Ideally located within walking distance to downtown, schools, parks, and medical facilities, and just one block from shopping, this property offers unbeatable rental appeal. Recent comparable sales include 85 Beers St. ($470,000) and 47 Dickerman St. ($551,000), highlighting the value in this thriving neighborhood. With a sale price of $445,000 this gives a range of equity from $25,000-$81,000! Don’t miss out on this income-producing asset with potential for added value!”

Address Map
US
CT
New Haven
New Haven
06511
Elm
617
0
E0° 0' 0''
N0° 0' 0''
Features
: No
: Radiator, Hot water
: Unfinished, Full
: Asphalt shingle
: Detached garage
MLS Addon
: Not applicable
GPS Friendly
: Public water connected
154
Per Board of Ed
$0
3
: Natural gas
Shy Grahame
BHHS10
Berkshire Hathaway NE Prop.
: No/resale
0
1255660
: Public sewer connected
July 2024-June 2025
0
3
0
0
Units on different Floors
RM2

Listing courtesy of Shy Grahame from Berkshire Hathaway NE Prop.

Multi-family For Sale

617 Elm, New Haven, Connecticut 06511

5 Bedrooms
3 Bathrooms
3,002 Sqft
$439,000
Listing ID #24040338
Basic Details
Property Type : Multi-family For Sale
Listing ID : 24040338
Price : $439,000
Bedrooms : 5
Baths Total : 3
Bathrooms : 3
Half Bathrooms : 0
Square Footage : 3,002 Sqft
Year Built : 1900
Lot Area : 0.18 Acre
Status : Active
Property Sub Type : 3 Family
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