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Coldwell Banker Realty
863 Dixwell Ave, Hamden, CT 06514
- $999,000
- 4
- BA
- 9,020
- SqFt
- List Price
- $999,000
- Status
- ACTIVE
- MLS#
- 24211969
- Year Built
- 1925
- Bathrooms
- 4
- Acres
- 0.14
- Living Area
- 9,020
- Neighborhood
- N/A
Property Description
Value-add mixed-use opportunity on Dixwell Avenue in Hamden. 6 units consisting of 2 commercial spaces and 4 residential apartments consisting of 2- 1BRs and 2- 2BRs with off-street parking and separate utilities. The commercial spaces are currently occupied, while the residential rents remain well below what ownership believes the property can achieve, giving the next owner a real opportunity to grow income over time. 1BR is currently vacant, creating an immediate lease-up opportunity. Several recent mechanical updates include newer furnaces and HVAC components. Per owner, the property was renovated in 2008 to Hamden specifications and includes 90-minute fire-rated doors. Located within Hamden's Enterprise Zone with potential facade and other incentive programs available to qualifying owners/businesses. Great fit for an investor looking for multiple income streams, rent growth and long-term upside along one of Hamden's main commercial corridors. Buyer to verify incentive eligibility and financial information.
Additional Information
- Taxes
- $16,327
- Lot Size
- 6,098
- Interior Features
- Public Restroom
- Heating
- Hot Air
- Cooling System Type
- None
- Water Source
- Public
- Exterior Features
- Sidewalk
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Listing courtesy of Vincenzo Valentino from Advise Realty Services. (203) 996-1506 (203) 996-1506
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