522 Elm St New Haven, CT 06511
Dwight NeighborhoodEstimated payment $9,751/month
Highlights
- Property is near public transit and bus stop
- Public Transportation
- Baseboard Heating
- Attic
About This Home
Renovated 9-Unit Multifamily | 7 of 9 Occupied | ~7.0% Stabilized Cap | ~9.0% Pro Forma Cap | Near Yale New Haven Hospital 522 Elm Street offers an opportunity to acquire a newly renovated 9-unit multifamily property on a corner lot near Yale New Haven Hospital and downtown New Haven. Featuring 2 studios, 6 one-bedroom units, and 1 two-bedroom unit, the property is currently 7 of 9 occupied with immediate lease-up potential. Extensively renovated units feature hardwood flooring, bright layouts, updated kitchens with quartz countertops, modern cabinetry, and stainless steel appliances. Electric heat, natural gas hot water, and gas cooking. Tenants pay individual gas and electric; landlord pays water/sewer and common electric. Additional income potential through installation of coin-operated laundry in the basement. Conveniently located near Yale New Haven Hospital, Yale University, downtown, and the major Adams Neurosciences Center expansion at the Saint Raphael Campus. Strong rental income with significant upside! Approximately 7.0% stabilized cap based on projected lease-up and a potential 9.0% pro forma cap upon achieving projected market rents. Buyer to verify all income, expenses, and projections.
Listing Agent
Jeffrey Puciato
Puciato Altieri Realty Group Brokerage Phone: (203) 823-6687 License #REB.0795866 Listed on: 09/16/2026
Co-Listing Agent
Puciato Altieri Realty Group Brokerage Phone: (203) 823-6687 License #RES.0837196
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,611
Year Built
- Built in 1900
Parking
- 4 Parking Spaces
Home Design
- Brick Exterior Construction
- Concrete Foundation
- Frame Construction
- Stucco Exterior
Interior Spaces
- 5,222 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Walkup Attic
Bedrooms and Bathrooms
- 8 Bedrooms
- 9 Full Bathrooms
Utilities
- Window Unit Cooling System
- Baseboard Heating
Additional Features
- 4,356 Sq Ft Lot
- Property is near public transit and bus stop
Community Details
- 9 Units
- Public Transportation
- Gross Income $160,368
Listing and Financial Details
- Assessor Parcel Number 1255370
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $22,293 | $565,810 | $107,660 | $458,150 |
| 2024 | $21,784 | $565,810 | $107,660 | $458,150 |
| 2023 | $21,048 | $565,810 | $107,660 | $458,150 |
| 2022 | $22,491 | $565,810 | $107,660 | $458,150 |
| 2021 | $13,509 | $307,860 | $43,050 | $264,810 |
| 2020 | $13,509 | $307,860 | $43,050 | $264,810 |
| 2019 | $13,232 | $307,860 | $43,050 | $264,810 |
| 2018 | $13,232 | $307,860 | $43,050 | $264,810 |
| 2017 | $11,908 | $307,860 | $43,050 | $264,810 |
| 2016 | $8,964 | $215,740 | $19,810 | $195,930 |
| 2015 | $8,964 | $215,740 | $19,810 | $195,930 |
| 2014 | $8,964 | $215,740 | $19,810 | $195,930 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2026 09/16/26 | For Sale | $1,419,000 | +31.6% | $272 / Sq Ft | |
| 03/21/2025 03/21/25 | Sold | $1,078,000 | -6.3% | $206 / Sq Ft | View Prior Sale |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- | |
| 08/29/2024 08/29/24 | For Sale | $1,150,000 | -- | $220 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,078,000 | None Available | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $200,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,300,000 | Future Advance Clause Open End Mortgage | |
| Closed | $1,062,400 | Commercial | |
| Previous Owner | $2,489,500 | Commercial | |
| Previous Owner | $67,000 | Commercial | |
| Closed | $352,500 | No Value Available |
Source: SmartMLS
MLS Number: 24207540
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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