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1561 Chapel Street New Haven, CT $ 750,000
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$ 750,000 Get more info
1561 Chapel Street
$ 750,000
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1561 Chapel Street

New Haven, CT, 06511
$ 750,000
Baths3.0 Sq 5,058

Monthly Estimate*

$ 4,985

1561 Chapel Street, New Haven, CT 06511 - Image 1
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1561 Chapel Street, New Haven, CT 06511 - Image 9
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Studio

Commercial Property for sale in New Haven, CT

for $750,000 with 3 full baths. This 5,058 square foot building was built in 1900 on a lot size of 0.11.

An amazing stucco investment opportunity in the Edgewood neighborhood of New Haven. This location is home to Hamilton Park and the Connecticut Open Tournament! This 6-unit asset is 5058 SF & has tenant paid utilities. Unit 1 has 2 bedrooms/ 1 bathroom and is ready for occupancy! Unit 2 has 2 bedrooms/1 bathroom rented for $1200 that is currently M2M. Unit 3 has 2 bedrooms/ 1 bathroom rented for $775 to a long-term 5-year tenant that is M2M. Unit 4 has 2 bedrooms/ 1 bathroom rented for $1095 with lease expiration of 11/30/23. Unit 5 has 2 bedrooms/1 bathroom rented for $1180 with lease expiration of 12/31/23. Unit 6 has 2 bedrooms/ 1 bathroom rented for $1125 with lease expiration of 11/30/23. AGENTS PLEASE READ AGENT to AGENT REMARKS! Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.

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Commercial Active

Price

$ 750,000

Bedrooms

Studio

Full Bath

3

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.11

Year Built

1900

Town/City

New Haven

MLS | Web ID

170576049
Features
General
Zoning RM2
Full Baths 3
Half Baths 0
Year Built 1900
Neighborhood N/A
Heater Type Hot Water
County New Haven
Present Use Residential rental units
Tax Year July 2023-June 2024
Location Urban
Net Operating Income 44684
Property Type Commercial For Sale
Status Active
Acres 0.11
Directions GPS friendly
City New Haven
Street Name Chapel
Sq Ft Total 5058
DOM 353
Video Tour Y/N 1
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Interior
Cooling System None
Total Rooms 0
Utilities Available Electric Electric Available Gas Gas Available
Total Bathrooms 3
Total Bedrooms 0
Total Number of Units 6
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Exterior
Water Source Public Water Connected Public Water In Street
Lot Description Dry Level Lot
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Internal Only
Street Number 1 1561
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* Excluded Features
List By
Lisa Cozzi

Listing Agent

Berkshire Hathaway Ne Prop.

Broker

mulveylisa@gmail.com

Email

Affordability Calculator

$4,985
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/30/2024$750,000 -1.32% Price Down
12/1/2023$760,000 -1.30% Price Down
10/13/2023$770,000 -1.28% Price Down
9/8/2023$780,000 -1.27% Price Down
8/17/2023$790,000 -4.24% Price Down
6/12/2023$825,000 Listed Price

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1561 Chapel Street, New Haven, CT, 06511 is a Commercial Property for sale at $750,000 with 5,058 sqft and a lot size of 0.11. 1561 Chapel Street is a studio with 3.0 baths and was built in 1900. The property's zip code is 06511 which is in New Haven, CT

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