Great 1900 Brick Building. Mixed Use property that offers some flexibility and lots of potential. 2 Retail / Office Spaces on the ground level. Garages in back have been rented as a single space; there is a bathroom. The 4 nicely appointed and cared for units upstairs are all rented. Hardwood flooring throughout the upstairs. 2 have been leased and remodeled, remaining 2 are stable, long term tenants. Investors should see this property! See CAP Score Card available on the listing. All utilities are separated and tenants pay utilities on their own. If you have ever thought about opening your own business and owning the building - this is your chance. There are multiple ways to make this property work to your advantage. Reference MLS # NOTE this investment requires a Commercial Lender Prequalified or Commitment Letters if you are financing.
Property Includes
Parking
Air Conditioning
Hardwood Floors
Roof Asphalt
Heating Radiator
Fuel Heating Natural Gas
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Upper Davenport and Congress Avenue Historic District Housing & Living
Household Income
Median household income:
$39,191
Number of households:
49,987
The average household income in
New Haven, CT
grew
from
$38,126
to
$39,191
in the past year. This data is an estimate based upon
49,987
households in
New Haven, CT. The chart below presents how household income is distributed in
New Haven, CT
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
New Haven, CT
compared to median property taxes around the country. The prevalent amount of property taxes in
New Haven, CT
equals
$3k+
, which is
more
than the national average.