$580,000
UNDER CONTRACT $5K PRICE DROP

1492 Dixwell Ave Hamden, CT 06514

Estimated payment $3,993/month

Total Views 4,636
6 Beds
4 Baths
2,960 Sq Ft
$196 Price per Sq Ft

Highlights

  • Hot Water Circulator
  • Laundry Facilities
  • Level Lot
  • Hot Water Heating System

About This Home

Investors and owner-occupants take notice! This legal 4 family in the heart of Hamden, CT, is being offered at an 8% cap rate, with significant upside potential. On the 1st floor are two 1-bedroom units. The 2nd floor apartment boasts a 2-bedroom/1-bathroom apartment, with recently renovated kitchen and bathroom, including a dishwasher. The 3rd floor has a full-floor 2-bedroom/1-bathroom apartment. Basement features 2 washer/dryer hookups. Private driveway behind the building has space for 3 cars. Don't miss this opportunity to acquire an income-producing property in a highly sought-after Hamden location! Make an appointment today! This prime location offers great access to Hamden's most desirable amenities and attractions. Residents will love the convenience to: * Dining Delights: Explore a variety of local eateries within a short drive. For a casual bite, consider Cafe Amici (approx. 1.5 miles). For those seeking craft brews and a lively atmosphere, Haven Beer Co. - Hamden (2.9 miles) is a popular spot. For a unique cafe experience with delicious food and events, RoiEt Cafe (2.9 miles) on Whitney Ave is a local favorite. * Shopping & Conveniences: Everyday errands are a breeze with Stop & Shop conveniently located, and a range of retail options are found at the Marketplace at Hamden, including T.J. Maxx, Old Navy, and ULTA Beauty. You're also close to various local shops along Dixwell Avenue. One or more owners of this property is a Licensed Real Estate Agent.

Listing Agent

Zachary Kampton

Farnam Realty Group License #RES.0817784 Listed on: 07/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,831

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • 2,960 Sq Ft Home
  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding
  • Vinyl Siding
  • Masonry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Laundry in Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $77,760

Listing and Financial Details

  • Assessor Parcel Number 1134950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,831

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2960
  • Total Sq Ft: 2960
  • Year Built: 1925
  • New Construction: No/Resale
  • Remarks Public Addendum: Only one gas and electric meter for 1st floor; both 1st floor one bedroom apartments have gas and electric utilities included in rent. Unit 1F base rent is $1,350, but pays a $100/month utility reimbursement fee and $50/month pet fee, for an effective monthly rent of $1,500/month. Owner has started the process of ordering/installing replacement vinyl siding for the wooden shingle siding; this upgrade was planned before property was listed.
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Directions: Per GPS
  • Living Area Sq Ft Per Public Record: 2960
  • Street Type: Avenue
  • Special Features: UnderContract

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Full, Unfinished, Shared Basement, Full With Hatchway
  • Laundry Room Location: Basement
  • Laundry Room Info: Basement Hook-Up(s), Common Laundry Area
  • Attic: No
  • Street Number Modifier: 1492

Exterior Features

  • Exterior Siding: Shingle, Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 3
  • Garage And Parking: None, Paved, Off Street Parking, Unassigned Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: $341.64 billed quarterly
  • Sewer Usage Fee Annual: 1366

Schools

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

Lot Info

  • Acres: 0.13
  • Lot Description: Level Lot
  • Zoning: T4
  • Parcel #: 1134950

Multi Family

  • Gross Annual Income: 77760
  • Net Operating Income: 51723
  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 10831
  • Total Assessed Value: 283430
  • Mil Rate Total: 51.88

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $10,226 $183,890 $26,180 $157,710
2023 $10,368 $183,890 $26,180 $157,710
2022 $10,202 $183,890 $26,180 $157,710
2021 $9,643 $183,890 $26,180 $157,710
2020 $7,798 $150,010 $29,120 $120,890
2019 $7,329 $150,010 $29,120 $120,890
2018 $7,194 $150,010 $29,120 $120,890
2017 $6,789 $150,010 $29,120 $120,890
2016 $6,804 $150,010 $29,120 $120,890
2015 $6,051 $148,050 $45,850 $102,200
2014 $5,912 $148,050 $45,850 $102,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $580,000 +2.2% $196 / Sq Ft
07/21/2025 07/21/25 Price Changed $567,500 -3.0% $192 / Sq Ft
07/10/2025 07/10/25 For Sale $585,000 0.0% $198 / Sq Ft
05/11/2018 05/11/18 Rented $1,220 +1.7% --
03/25/2018 03/25/18 For Rent $1,200 -6.0% --
02/07/2018 02/07/18 Rented $1,277 -1.8% --
01/16/2018 01/16/18 For Rent $1,300 -- --
Source: SmartMLS

Source: SmartMLS

MLS Number: 24109860

SmartMLS

APN: HAMD M:2326 B:235 L:00-0000