NOT LISTED FOR SALE
24 Beds
16 Baths
14,692 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: June 20, 2024

Last sale price $3,250,000 $221 Per Sq Ft

51 Days on Market

Highlights

  • Attic
  • Hot Water Heating System
  • 2-minute walk to Wooster Square Park
  • Hot Water Circulator
  • Coin Laundry

About This Home

As of June 2024

Truly a landmark property located in the Heart of the Wooster SQ that has been owned by the same family for over 50 years! This attractive 14,962 SQ FT 4-story brick building features 16 total units with a mix of 8 one-bedroom apartments and 8 two-bedroom apartments. The building Is fully occupied with wonderful long-term tenants with below market rents. The apartments all feature great natural light, hardwood floors, replacement windows, large eat in kitchens and nice tile baths. The building has all separate utilities with gas boilers, hot water heaters and separate electric meters. Huge basement with ample room for storage and coin op laundry. Amazing location steps from Wooster Park, World famous pizza and a short walk to Downtown New Haven & Yale. This is true a rare find!

Last Agent to Sell the Property

Jack Hill

Seabury Hill REALTORS License #REB.0795121 Listed on: 04/24/2024

Last Buyer's Agent

Jack Hill

Seabury Hill REALTORS License #REB.0795121 Listed on: 04/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $59,327

Year Built

  • Built in 1890

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • 14,692 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Flat Tile Roof
  • Masonry Siding

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 16 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic
  • Unfinished Attic

Unfinished Basement

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

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

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

Community Details

  • 16 Units
  • Coin Laundry
  • Gross Income $245,400

Listing and Financial Details

  • Assessor Parcel Number 1245699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$59,327

Year Built

Built in 1890

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Neighborhood: Wooster Square
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 14692
  • Total Sq Ft: 14692
  • Year Built: 1890
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: 527 Chapel Street between Wooster Place & Franklin Street
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 24
  • Total Bathrooms: 16
  • Full Bathrooms: 16
  • Attic Description: Unfinished, Storage Space, Walk-up
  • Basement Description: Full, Unfinished
  • Laundry Room Location: Basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes

Exterior Features

  • Exterior Features: Sidewalk, Gutters, Lighting
  • Exterior Siding: Brick
  • Foundation Type: Brick
  • Roof Information: Flat
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.18
  • Lot Description: City Views Level Lot
  • Flood Zone: No
  • Zoning: RM2
  • Parcel #: 1245699

Multi Family

  • Gross Annual Income: 245400
  • Total Number Of Units: 16

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 59327

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
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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
06/20/2024 06/20/24 Sold $3,250,000 0.0% $221 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $3,250,000 -- $221 / Sq Ft
Source: SmartMLS

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 $62,836 $1,594,810 $280,000 $1,314,810
2024 $61,400 $1,594,810 $280,000 $1,314,810
2023 $59,327 $1,594,810 $280,000 $1,314,810
2022 $63,394 $1,594,810 $280,000 $1,314,810
2021 $42,837 $976,220 $216,510 $759,710
2020 $42,837 $976,220 $216,510 $759,710
2019 $41,958 $976,220 $216,510 $759,710
2018 $41,958 $976,220 $216,510 $759,710
2017 $37,760 $976,220 $216,510 $759,710
2016 $40,350 $971,110 $240,590 $730,520
2015 $40,350 $971,110 $240,590 $730,520
2014 $40,350 $971,110 $240,590 $730,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24012427

SmartMLS
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