173 Arch St, Hamden, CT 06514

$610,000
5
BD
4
BA
3,125
SqFt

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List Price
$610,000
Status
ACTIVE
MLS#
24208873
Year Built
1925
Bedrooms
5
Bathrooms
4
Acres
0.16
Living Area
3,125
Neighborhood
Highwood

Property Description

Incredible Opportunity! 173 Arch Street combines a street-level commercial space with three residential apartments, and additional rental income space with a converted attic apartment. The commercial unit was designed for a restaurant, but a new owner/operator can easily adapt it for another business. The building sits in a high-visibility spot near Yale, Albertus Magnus College and Southern Connecticut State University, which brings steady traffic and a deep pool of renters. The residential rental opportunities include: 2-Bedroom/1 Bath Apartment (Main Floor) 1-Bedroom/1 Bath Apartment (2nd Floor, 2 Separate Units) 1-Bedroom/1 Bath Attic Apartment All Units are currently rented with leases requiring tenants to pay utility costs. The property has a new roof (2023) and upgraded electrical with a 5-gang meter panel. There's ample off-street parking for commercial and residential tenants. This property is an excellent addition to your property portfolio - or a great way to get started in earning rental income. Schedule your showing today! Pictures coming 9/25

Additional Information

Taxes
$12,804
Lot Size
6,969
Heating
Hot Air
Cooling System Type
Wall Units
Water Source
Public
Basement
Partial
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Meg Glynn from LPT Realty. (203) 675-6013 (877) 366-2213

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