Skip To Content

1605 Chapel Street

New Haven, CT 06511
  • $605,000
  • STATUS: Closed
  • ON SITE: 59 Days
  • MLS #: 24074887
Sold - 04/18/2025
$605,000
SOLD - 04/18/2025
  • 10
    BEDS
  • 0.16
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,341
    SQFT
  • $139
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
High School:

Description

Outstanding Investment Opportunity! 7.5-Cap property w/NOI of nearly $50,000/year. Second floor unit was completely renovated w/ in-unit laundry last year. All three gas burners are new in addition to 2/3 hot water heaters are newer. First floor unit has longterm tenants, laundry hook-up in place and the add-value here is the large LR can be converted to 4th bedroom for higher rent. Third floor unit also has longterm tenants and has laundry hook-up in basement.

Monthly Payment Calculator



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-22T15:10:26.433.
www.timdentteam.com/homes/160731342
Print Image

1605 Chapel Street New Haven, CT 06511

  • Price: $650,000
  • Status: Closed
  • On Site: 59 Days
  • Updated: 61 min ago
  • MLS #: 24074887
10
Beds
5
Baths
0
½ Baths
0.16
Acres
4,341
SQFT
$139
$/SQFT
1900
Built
County:
New Haven
Area:
New Haven
Elementary School:
per board of ed
High School:
per board of ed
Property Description
Outstanding Investment Opportunity! 7.5-Cap property w/NOI of nearly $50,000/year. Second floor unit was completely renovated w/ in-unit laundry last year. All three gas burners are new in addition to 2/3 hot water heaters are newer. First floor unit has longterm tenants, laundry hook-up in place and the add-value here is the large LR can be converted to 4th bedroom for higher rent. Third floor unit also has longterm tenants and has laundry hook-up in basement.
Exterior Features

Color light grey Direct Waterfront YN No Exterior Features BalconySidewalkGuttersGarden AreaLighting Exterior Siding Vinyl Siding Garage And Parking None Lot Description City ViewsLightly WoodedLevel Lot Nearby Amenities Commuter BusMedical FacilitiesParkPublic Rec FacilitiesShopping/MallWalk to Bus Lines Parking Total Spaces 0 Roof Information Asphalt Shingle Style Units on different Floors Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic YN No Basement Description FullUnfinishedStorageInterior AccessConcrete FloorFull With Hatchway Cooling System None Fireplaces Total 2 Heat Type BaseboardRadiator Home Automation Lock(s) Laundry Room Info Basement Hook-Up(s)Hook-Up In Unit 1Washer/Dryer Some Units Laundry Room Location Cellar W/D used by 1F/3F tenants2F has Sq Ft Est Heated Above Grade 4341 Sq Ft Total 4341 Total Rooms 17 Total Rooms Multi Family 17

Property Features

Agent Owner YN No Bank Owned Property No Energy Features Thermopane Windows Exclusions washer/dryer in basement belong to 1F tenants Financing Used Cash Flood Zone YN No Foundation Type ConcreteMasonry Gross Annual Expense 25325 Gross Annual Income 74016 Heat Fuel Type Natural Gas Home Owners Assocation No Home Warranty Offered YN No Hot Water Description Natural Gas40 Gallon Tank Net Operating Income 48691 New Construction Type No/Resale Potential Short Sale No Property Sub Type 3 Family Sewage System Public Sewer Connected Tax Year July 2024-June 2025 Total Number Of Units 3 Water Source Public Water Connected Zoning RM2

Listing information © 2025 Smart MLS
Listing provided courtesy of Chris Sinatra of Higgins Group Real Estate: (203) 658-8282.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-22T15:10:26.433.
 
Logo
Tim Dent Team | Coldwell Banker Realty
398 Main Street
Ridgefield CT, 06877