Price Reduced 4.95%


Price History

$525,000
11/1/2023

$499,000
12/19/2023


173 Arch Street, Hamden, CT, 06514

173 Arch Street, Hamden, CT, 06514

4 beds

3 Full / 1 Half baths

1925

3,125 sqft

Here's your opportunity to acquire an income-generating property in close proximity to Yale, Albertus Magnus College, and Southern Connecticut State University! This four-unit property offers an incredible investment opportunity, featuring a commercial space currently operating as a restaurant, along with three residential apartments, all featuring updates throughout! The main level consists of a two-bedroom, one-bathroom apartment. Upstairs features a one-bedroom, one-bathroom unit along with a one-bedroom, one-bathroom unit, with separate entrance. There is a walk-up attic on the second floor, providing additional storage space. New roof 2023, updated five gang electrical meters and panel. This property is in a convenient location with high visibility, ample parking for both commercial and residential tenants, and easy access to transportation and major highways. With strong income potential, you don’t want to miss this opportunity!


Status:

Active

Type:

Commercial

Units:

4

Zoning:

T4

Frontage:

Paved Road

Heating:

Hot Air

Cooling:

None

Acreage:

0.16

Est. Taxes:

$8,544

Assessment

$151,550

Current Use

Restaurant, Residential

Utilities

Electric,Gas,Fire Suppression System

Lot Description:

Level Lot

Days on Market:

178

MLS #:

170607772


Community Info

School Info

Walk Score

Mass Transit

Yelp