Great investment opportunity in the Town Plot neighborhood! This 7 unit mixed use property has 5 spacious residential units, 2 commercial units and 4 garages. The property is fully rented with room to increase rents. The commercial spaces are rented to one tenant and all 4 garages are leased. There is an additional storage unit available to be rented as well! Low ownership expenses with separate and tenant paid utilities. The property is well-maintained and features a brand new roof! Take over and start making money today. 1447 Bank St can be purchased with 241 W. Main Street (10 Units - ask LA for info).
Multi-familyProperty Type
1910Year Built
5,662 sq ftLot Size
$95Price/Sq.Ft.
4 car garageParking
Listed by Maddy Ceruti• Berkshire Hathaway NE Prop.
Bought with Nadia Goracy• Berkshire Hathaway NE Prop.
Source:Smart MLS #170602098
Redfin Estimate
There isn’t enough information to generate an accurate estimate at this time. Learn More
Mixed use property for sale. 4 three bedroom apartments (all rented for $850), 1 large 1 bedroom apartment (rented for $675), 2 store fronts (rented together for $900), and a large, 4 car garage. Great Town Plot location. All separate utilities. Rents are substantially under market. A member of the owning LLC is a licensed realtor.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
New Haven County
APN
1392903
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 30, 2023.
RM
Medium Density Multi-Family Residential District
The RM District is established to provide for a variety of housing choices and limited nonresidential uses. The District allows for moderate density multi-family residences, townhouses, and Residential Campus Developments. Uses and Conditional Accessory Uses are permitted by Zoning Permit, Special Permit, or Special Exception approval as provided in of these Regulations.
Permitted uses
Include but are not limited to:
No uses permitted by right
Property details
Parking
Garage Information
Garage & Parking: Detached Garage, Off Street Parking