Price Reduced 3.15%

$799,000

Under Contract - Continue to Show

Est. Mortgage $4,253/mo *

Quick Pre-Approval

Price History

$825,000
7/17/2023

$815,000
12/4/2023

$799,000
12/11/2023


77 Orchard Street, New Haven, CT, 06519

77 Orchard Street, New Haven, CT, 06519

18 beds

6 Full baths

1900

6,804 sqft

Unveil Your Investment Gem in New Haven's Hill Neighborhood! Welcome to an exceptional 6-unit property spanning 6,804 sq. ft., where tenants handle utilities, ensuring seamless management. Delight in Unit 1L's current $1,250 lease lasting until 10/31/23, while Unit 1R offers flexibility with a month-to-month arrangement. Units 2L and 2R are move-in ready, awaiting new occupants, and Unit 3L presents a convenient month-to-month option. Anchored in a vibrant locale home to Long Wharf Theatre, Yale School of Nursing, and Howard Avenue Historic District, this property invites diverse living experiences. The grand driveway offers coveted off-street parking, elevating convenience. With potential to exceed a 9% CAP rate through strategic rent increases, this property blends allure and opportunity. Agents, explore Agent-to-Agent remarks for further insights, and seize the chance to explore this hidden gem through showings.


Status:

Under Contract - Continue to Show

Type:

Commercial

Units:

6

Zoning:

RM2

Frontage:

State Road

Garage:

Driveway, Off Street Parking

Heating:

Hot Water

Cooling:

None

Acreage:

0.11

Est. Taxes:

$11,984

Assessment

$322,140

Current Use

Residential units

Permitted Use

Residential units

Utilities

Electric,Electric Available,Gas Available

Lot Description:

Level Lot

Days on Market:

291

MLS #:

170585086


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Lisa Cozzi, Berkshire Hathaway NE Prop. Email: mulveylisa@gmail.com