516 Elm Street

New Haven, Connecticut 06511

Status
For Sale
Square Feet
3,616
Beds
6
Price
$300,000
Type
Multi-Family For Sale
Garages
Baths
3
MLS
24154243

Price

$300,000

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Interior Details

Interior Size
3,616 Sq Ft
Bedrooms
6
Bathrooms
3
Rooms Total
Garage

Exterior Details

Lot Size
0.08 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$8,274
Assessed Value
$210,000
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

Investment opportunity regarding a fire damaged building being sold in "As-Is" condition. Under new zoning ordinances, there is potential for a four unit conversion with minimal relief needed. The property is ideally located within walking distance of Yale shops and restaurants. Redeveloping this property offers the opportunity to take advantage of property tax abatements and to appeal the existing value. The appeal period is currently open & closes this month.
Listed by Vanguard Private Client Grp, Natalie Zoef. Data sourced from SmartMLS

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