NOT LISTED FOR SALE

111 Helen St Hamden, CT 06514

12 Beds
4 Baths
5,390 Sq Ft
0.37 Acres

Last Sold March 11, 2024

Last sale price $525,000 $97 Per Sq Ft

12 Days on Market

Highlights

  • Property is near public transit, shops, and bus stop
  • Public Transportation
  • Private Driveway
  • Porch
  • Heating System Uses Steam
  • 5-minute walk to Ernest Borgnine Park

About This Home

As of March 2024

**Investment Opportunity** Here’s a strategic opportunity combining immediate returns with long-term stability. Whether you're a seasoned investor or a newcomer eager to step into real estate, this property beckons. 4-unit property is a haven for investors, boasting full occupancy, a sprawling lot, and off-street parking for added convenience. All units are currently occupied, ensuring a steady and immediate return on investment. Situated on a generous lot, 111 Helen Street provides not just a place to live but ample space for outdoor activities or future expansions, adding intrinsic value. The property offers a diverse rental income, with units rented at $1,800, $1,600, and $1,275 per month. The seller's unit can be rented for $1,600. With tenants in place for 10 and 5 years, the property showcases stability and the potential for lasting relationships with reliable tenants. In summary, this is a standout investment with full occupancy, attractive rental incomes, and a seller's unit ready for occupancy. Don't miss the chance to step into a world of investment and witness passive income. Schedule your viewing today.

Last Agent to Sell the Property

Nadia Martinez

Ki Property Group License #REB.0794174 Listed on: 11/10/2023

Last Buyer's Agent

Darrell Hardy

Houlihan Lawrence WD License #RES.0780138

Houlihan Lawrence WD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,378

Year Built

  • Built in 1920

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Flat Tile Roof
  • Aluminum Siding
  • Concrete Siding

Interior Spaces

  • 5,390 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 10 Parking Spaces
  • Private Driveway

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit, shops, and bus stop

Community Details

  • 4 Units
  • Public Transportation
  • Gross Income $75,300

Listing and Financial Details

  • Assessor Parcel Number 1131850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,378

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 4sides - Units Are Side-by-Side
  • Sq Ft Est Heated Above Grade: 5390
  • Total Sq Ft: 5390
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Library, Park, Private School(s), Public Pool, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Association Amenities: None
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8447
  • Directions: GPS
  • Financing Used: Private
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Full, Concrete Floor, Storage
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Flat
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 10
  • Garage And Parking: Driveway, Paved, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator, Steam
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.37
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R5
  • Parcel #: 1131850

Multi Family

  • Gross Annual Income: 75300
  • Total Number Of Units: 4
  • Unit Count: 4

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 16378

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $525,000 0.0% $97 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $525,000 -- $97 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,711 $457,030 $51,170 $405,860
2024 $16,155 $290,500 $32,620 $257,880
2023 $16,378 $290,500 $32,620 $257,880
2022 $16,117 $290,500 $32,620 $257,880
2021 $15,234 $290,500 $32,620 $257,880
2020 $12,164 $234,010 $36,260 $197,750
2019 $11,434 $234,010 $36,260 $197,750
2018 $11,223 $234,010 $36,260 $197,750
2017 $10,591 $234,010 $36,260 $197,750
2016 $10,615 $234,010 $36,260 $197,750
2015 $10,531 $257,670 $57,050 $200,620
2014 $10,289 $257,670 $57,050 $200,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170609584

SmartMLS

APN: HAMD M:2225 B:556 L:00-0000