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$ 999,000
Est. payment | /mo
4 Baths
9,020 SqFt
$ 999,000
Est. payment | /mo
4 Baths
9,020 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,020 sqft
Price per Sqft $110
MLS Listing ID 24211969
Full Baths 4
Year Built 1925
Annual Tax Amount $16,327
Lot Size 6,098 Sqft
Property Description
Value-add mixed-use opportunity on Dixwell Avenue in Hamden. 6 units consisting of 2 commercial spaces and 4 residential apartments consisting of 2- 1BRs and 2- 2BRs with off-street parking and separate utilities. The commercial spaces are currently occupied, while the residential rents remain well below what ownership believes the property can achieve, giving the next owner a real opportunity to grow income over time. 1BR is currently vacant, creating an immediate lease-up opportunity. Several recent mechanical updates include newer furnaces and HVAC components. Per owner, the property was renovated in 2008 to Hamden specifications and includes 90-minute fire-rated doors. Located within Hamden's Enterprise Zone with potential facade and other incentive programs available to qualifying owners/businesses. Great fit for an investor looking for multiple income streams, rent growth and long-term upside along one of Hamden's main commercial corridors. Buyer to verify incentive eligibility and financial information.
Location
State CT
County New Haven
Zoning T4
Interior
Interior Features Public Restrooms, Window Display
Heating Hot Air
Cooling None
Exterior
Exterior Feature Sidewalk
Utilities Available Electric Available, Gas Available
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Level Lot
Story 3
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Vincenzo Valentino • Advise Realty Services
Nearby Locations
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Andrei Balaj & Camilo Ramirez
Real Estate Agent Lic# Licensed in Connecticut