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538 Chapel Street

New Haven, CT 06511
  • $1,190,000
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • MLS #: 24163983
Under Contract
$1,190,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,194
    SQFT
  • $284
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1844
County:
Area:

School Information

Elementary School:
High School:

Description

Historic Wooster Square Four Family - Steps to the Park. Beautifully positioned just steps from Wooster Square Park, this circa1835 four family blends historic architecture with modern updates and excellent upside for both owner occupants and investors. Current rents are below market, offering significant potential for increased income. The property includes two tandem off-street parking spaces, separate utilities (shared on demand hot water heater), common laundry, and a deep backyard with both a storage shed and potting shed. The front three units feature great natural light, hardwood floors, vintage details, and strong cross ventilation. The renovated rear two level apartment offers mini-splits, radiant heated floors, a private deck, and bonus finished basement rooms with a full bath. Many mechanicals have been updated, including newer furnaces, mini-splits, and a newer hot water system. A prior layout combined the two first floor units into one large apartment, providing excellent flexibility for an owner occupant seeking expanded space. A rare opportunity in one of New Haven's most desirable neighborhoods, moments from Yale, downtown, and the city's best restaurants.

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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 2026 SmartMLS, Inc. Data last updated: 2026-05-21T00:10:14.16.
www.timdentteam.com/homes/175348797
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538 Chapel Street New Haven, CT 06511

  • Price: $1,190,000
  • Status: Active Under Contract
  • On Site: 32 Days
  • MLS #: 24163983
6
Beds
4
Baths
0
½ Baths
0.14
Acres
4,194
SQFT
$284
$/SQFT
1844
Built
Neighborhood:
Wooster Square
County:
New Haven
Area:
New Haven
Elementary School:
Conte-West
High School:
James Hillhouse
Property Description
Historic Wooster Square Four Family - Steps to the Park. Beautifully positioned just steps from Wooster Square Park, this circa1835 four family blends historic architecture with modern updates and excellent upside for both owner occupants and investors. Current rents are below market, offering significant potential for increased income. The property includes two tandem off-street parking spaces, separate utilities (shared on demand hot water heater), common laundry, and a deep backyard with both a storage shed and potting shed. The front three units feature great natural light, hardwood floors, vintage details, and strong cross ventilation. The renovated rear two level apartment offers mini-splits, radiant heated floors, a private deck, and bonus finished basement rooms with a full bath. Many mechanicals have been updated, including newer furnaces, mini-splits, and a newer hot water system. A prior layout combined the two first floor units into one large apartment, providing excellent flexibility for an owner occupant seeking expanded space. A rare opportunity in one of New Haven's most desirable neighborhoods, moments from Yale, downtown, and the city's best restaurants.
Exterior Features

Direct Waterfront YN No Driveway Type Paved Exterior Siding Clapboard Garage And Parking Driveway Lot Description Historic District Nearby Amenities Bocci CourtParkPlayground/Tot LotPublic Transportation Parking Total Spaces 2 Roof Information Asphalt Shingle Style Units on different Floors Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic YN No Basement Description PartialStoragePartially FinishedPartial With Hatchway Cooling System Central AirDuctless Fireplaces Total 0 Heat Type BaseboardHot AirRadiantRadiator Laundry Room Info Common Laundry Area Living Area SQFTPer Public Record 4194 Sq Ft Est Heated Above Grade 4194 Total Rooms 14 Total Rooms Multi Family 14

Property Features

Agent Owner YN No Bank Owned Property No Financing Used Cash Foundation Type Stone Gross Annual Expense 35439 Gross Annual Income 101400 Heat Fuel Type ElectricNatural Gas Home Owners Assocation No Home Warranty Offered YN No Hot Water Description Natural GasTankless Hotwater Net Operating Income 65961 New Construction Type No/Resale Potential Short Sale No Property Sub Type 4 Family Sewage System Public Sewer Connected Tax Year July 2025-June 2026 Total Number Of Units 4 Under Agreement Yn No Water Source Public Water Connected Zoning RM2

Listing information © 2026 Smart MLS
Listing provided courtesy of Cheryl Szczarba of Seabury Hill REALTORS: (203) 562-1220.


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 2026 SmartMLS, Inc. Data last updated: 2026-05-21T00:10:14.16.
 
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Tim Dent Team | Coldwell Banker Realty
398 Main Street
Ridgefield CT, 06877