Property
| Ownership: | Commercial |
|---|---|
| Type: | Commercial |
| Bathrooms: | 3 |
| Area: | 25201 sq ft |
FinancialsPrice: $3,400,000 Annual Taxes: $75,755
| Price: | $3,400,000 |
|---|---|
| Annual Taxes: | $75,755 |
DescriptionA prime real estate opportunity encompassing two properties, 70 Circular Ave and 11 Gorham Ave, featuring a total of 28 units. The buildings boast timeless masonry construction and offer a generous mix of well-appointed 1-bedroom, 2-bedrooms, and 3 bedrooms units with many having undergone recent updates. With rents that are slightly below market averages, new ownership can take advantage of this value add opportunity and capitalize on a lease up strategy. Situated in the vibrant community of Hamden, CT, these properties are strategically located in a working class/commuter-oriented neighborhood. The area provides residents with easy and convenient access to downtown New Haven, enhancing the overall appeal of the investment. Notably, the region is already experiencing the initial stages of gentrification, signifying a positive trend in property value appreciation.
Amenities- Elementary School -
- High School -
- Intermediate School -
- Window Unit
A prime real estate opportunity encompassing two properties, 70 Circular Ave and 11 Gorham Ave, featuring a total of 28 units. The buildings boast timeless masonry construction and offer a generous mix of well-appointed 1-bedroom, 2-bedrooms, and 3 bedrooms units with many having undergone recent updates. With rents that are slightly below market averages, new ownership can take advantage of this value add opportunity and capitalize on a lease up strategy. Situated in the vibrant community of Hamden, CT, these properties are strategically located in a working class/commuter-oriented neighborhood. The area provides residents with easy and convenient access to downtown New Haven, enhancing the overall appeal of the investment. Notably, the region is already experiencing the initial stages of gentrification, signifying a positive trend in property value appreciation.
- Elementary School -
- High School -
- Intermediate School -
- Window Unit
A prime real estate opportunity encompassing two properties, 70 Circular Ave and 11 Gorham Ave, featuring a total of 28 units.
DescriptionA prime real estate opportunity encompassing two properties, 70 Circular Ave and 11 Gorham Ave, featuring a total of 28 units. The buildings boast timeless masonry construction and offer a generous mix of well-appointed 1-bedroom, 2-bedrooms, and 3 bedrooms units with many having undergone recent updates. With rents that are slightly below market averages, new ownership can take advantage of this value add opportunity and capitalize on a lease up strategy. Situated in the vibrant community of Hamden, CT, these properties are strategically located in a working class/commuter-oriented neighborhood. The area provides residents with easy and convenient access to downtown New Haven, enhancing the overall appeal of the investment. Notably, the region is already experiencing the initial stages of gentrification, signifying a positive trend in property value appreciation.
Amenities- Elementary School -
- High School -
- Intermediate School -
- Window Unit
A prime real estate opportunity encompassing two properties, 70 Circular Ave and 11 Gorham Ave, featuring a total of 28 units. The buildings boast timeless masonry construction and offer a generous mix of well-appointed 1-bedroom, 2-bedrooms, and 3 bedrooms units with many having undergone recent updates. With rents that are slightly below market averages, new ownership can take advantage of this value add opportunity and capitalize on a lease up strategy. Situated in the vibrant community of Hamden, CT, these properties are strategically located in a working class/commuter-oriented neighborhood. The area provides residents with easy and convenient access to downtown New Haven, enhancing the overall appeal of the investment. Notably, the region is already experiencing the initial stages of gentrification, signifying a positive trend in property value appreciation.
- Elementary School -
- High School -
- Intermediate School -
- Window Unit
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