289 Quinnipiac Avenue, New Haven, CT 06513

$400,000
2,951
SqFt
Sold Price
$400,000
List Price
$450,000
Status
CLOSED
MLS#
170623369
Closing Date
Jun 13, 2024
Year Built
1895
Acres
0.15
Living Area
2,951
Neighborhood
N/A

Property Description

Investors take note!!! Investing in this income-producing rooming house offers several advantages. The multiple income streams from the seven rentable rooms, as well as the separate one-bedroom apartment provide a solid foundation for a lucrative investment. The spacious and well-maintained rooms can be leased individually to tenants who are looking for temporary or long term accommodations. With a constant demand for affordable housing, these rooms provide a steady income stream for the savvy investor. The property is strategically located in a convenient area, close to amenities and highways. This ensures easy access for tenants, attracting a larger pool of potential residents. Additionally, the property is handicap accessible and is equipped with a sprinkler system, ensuring the safety of both the building and its occupants. The location, convenience, and accessibility of the property enhance its potential for high occupancy rates and long-term profitability. Whether you are a seasoned investor or new to the market, this income-producing rooming house is a smart choice. Arrange a viewing today to explore the potential of this property.

Additional Information

Taxes
$8,039
Lot Size
6,534
Waterfront Desc
Not Applicable
Heating
Hot Water
Fuel Type
Natural Gas, Oil
Cooling System Type
Window Unit
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Basement
Full
Exterior
Vinyl Siding
Elementary School
Per Board Of Ed
High School
Per Board Of Ed

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kelly Puorro from Puorro Realty Group

Listing courtesy of Kelly Puorro from Puorro Realty Group

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