NOT LISTED FOR SALE
6 Beds
6 Baths
4,260 Sq Ft
6,534 Sq Ft Lot

Last Sold August 03, 2023

Last sale price $1,000,000 $235 Per Sq Ft

19 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Level Lot
  • No HOA
  • Coin Laundry
  • 1-minute walk to Scantlebury Park

About This Home

As of August 2023

Rarest of rare opportunity to own a pristine and well managed 6 unit building in prime rental area located directly across the street from Yale’s newest residential college and steps to Downtown New Haven and Yale University. This 4,260 SQ FT building is the last privately owned building on Sachem ST and has been maintained by its current owner for the past 31 years with a high consciousness to maintenance and management. The building features 6 spacious one-bedroom apartments - each with incredible natural light, high ceilings and charming details throughout (including some with original ornate fireplaces, pocket doors, built in cabinets, etc.). The apartments have a three-room layout with large eat-in kitchens, spacious living rooms and large bedrooms. The building is in excellent condition with new water heater (2022), roof (2009), Vinyl siding with insulation (2010), mid age gas boilers (2007) and ten zone hardwired fire alarm system. The building has an on-site tenant property manager, coin op laundry in the basement, and a large fenced area in the backyard. Truly a once in a lifetime opportunity to own an extremely well built and maintained building in the perfect area for rentals.

Last Agent to Sell the Property

Jack Hill

Seabury Hill REALTORS License #REB.0795121 Listed on: 06/01/2023

Last Buyer's Agent

Jack Hill

Seabury Hill REALTORS License #REB.0795121 Listed on: 06/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,611

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 4,260 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Basement

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

Location

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

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Public Transportation
  • Coin Laundry

Building Details

  • Gross Income $88,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,611

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4260
  • Public Record Living Room Sq Ft: 4260
  • Total Sq Ft: 4260
  • Year Built: 1930
  • Nearby Amenities: Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6454
  • Tax Year Updated Dt: 07/03/2023
  • Directions: Prospect Street to Sachem Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway, Storage
  • Laundry Room Location: Basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: No

Exterior Features

  • Exterior Siding: Shingle, Vinyl Siding
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot
  • Zoning: RM2

Multi Family

  • Gross Annual Income: 88920
  • Unit Count: 6
  • Total Multi Family: 18
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 14611
  • Mil Rate Base: 37.200
  • Assessor Parcel Number: 1249728

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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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
08/03/2023 08/03/23 Sold $1,000,000 -20.0% $235 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $1,250,000 -- $293 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170570197

SmartMLS