NOT LISTED FOR SALE
12 Beds
4 Baths
4,750 Sq Ft
5,663 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $515,000 $108 Per Sq Ft

30 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Porch
  • Level Lot

About This Home

As of September 2023

An amazing opportunity in the Beaver Hills neighborhood of New Haven for ANY investor! 7+% CAP! This location is home to: Edgewood Park, Hamilton Park, the Connecticut Open tournament, and the beautiful West River. This large 4 unit asset is 4750 SF & has tenant paid utilities. This asset has no arrears. Unit 1 has 3 bedrooms/ 1 bathroom rented for $1320 with lease expiration of 12/31/23. Unit 2 also has 3 bedrooms/1 bathroom rented for $1275 with lease expiration of 3/31/23. Unit 3 has 3 bedrooms/ 1 bathroom rented for $1300 with lease expiration of 6/30/23. Unit 4 has 3 bedrooms/ 1 bathroom rented to a long-term tenant of 5 years for $1100 that is currently M2M. The asset features off street parking. AGENTS PLEASE READ AGENT to AGENT REMARKS!

Last Agent to Sell the Property

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 06/28/2023

Century 21 AllPoints Realty

Co-Listed By

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001

Last Buyer's Agent

Nikia Bigard

Keller Williams Realty Prtnrs. License #RES.0813896

Keller Williams Realty Prtnrs.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,057

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,750 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Public Transportation
  • Gross Income $59,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,057

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4750
  • Public Record Living Room Sq Ft: 4750
  • Total Sq Ft: 4750
  • Year Built: 1900
  • Nearby Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7461
  • Tax Year Updated Dt: 07/03/2023
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 32

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Zoning: BA

Multi Family

  • Gross Annual Income: 59940
  • Net Operating Income: 37762
  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 12057
  • Total Assessed Value: 324100
  • Mil Rate Base: 37.200
  • Mil Rate Total: 37.200
  • Assessor Parcel Number: 1258114

MLS Schools

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

Range of Values:

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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 Change Sq Ft Price
09/29/2023 09/29/23 Sold $515,000 -1.9% $108 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $525,000 -8.7% $111 / Sq Ft
06/28/2023 06/28/23 For Sale $575,000 -- $121 / 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 $12,770 $324,100 $47,950 $276,150
2024 $12,478 $324,100 $47,950 $276,150
2023 $12,057 $324,100 $47,950 $276,150
2022 $12,883 $324,100 $47,950 $276,150
2021 $8,662 $197,400 $41,370 $156,030
2020 $8,662 $197,400 $41,370 $156,030
2019 $8,484 $197,400 $41,370 $156,030
2018 $8,641 $201,040 $41,370 $159,670
2017 $7,776 $201,040 $41,370 $159,670
2016 $6,207 $149,380 $32,480 $116,900
2015 $6,207 $149,380 $32,480 $116,900
2014 $6,207 $149,380 $32,480 $116,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170577279

SmartMLS