Price Reduced 2.26%
Listing courtesy of Connor Wenchell (860) 343-7800, VC Property Group, LLC (860) 300-3102
Price History
$665,000
4/24/2026
$650,000
4/24/2026
607 Elm Street, New Haven, CT, 06511
16 rooms
11 beds
3 Full baths
1880
Units on different Floors
4,402 sqft
607 Elm Street located in the Dwight neighborhood of New Haven, CT. This property is fully occupied and generates $57,600 in current gross income, providing an in-place NOI of $37,853. Rent increases to $2,000 per (3) bedroom unit will boost performance marking a 7.75% CAP rate proforma. At a 75% LTV entry, these assets facilitate a 1.13 DSCR. 80% LTV options are available for qualified borrowers. This property features all (3) bedroom units, tenant-paid utilities, public water/sewer, in unit washer/dryer hookups, and a low operating expense profile. This is a stabilized asset providing strong upside with lease up to market rents.
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
RM2
Heating:
Hot Air
Cooling:
Window Unit
Basement:
Full
Acreage:
0.14
Est. Taxes:
$9,330
Assessment
$236,810
Lot Description:
N/A
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
18
MLS #:
24170025
Community Info
School Info
Walk Score
Mass Transit
Yelp
Copyright ©2026 SmartMLS, Inc.