1492 Dixwell Avenue, Hamden, CT 06514

Investors and owner-occupants take notice! This legal 4 family in the heart of Hamden, CT, is being offered at an 8% cap rate, with significant upside potential. On the 1st floor are two 1-bedroom units. The 2nd floor apartment boasts a 2-bedroom/1-bathroom apartment, with recently renovated kitchen and bathroom, including a dishwasher. The 3rd floor has a full-floor 2-bedroom/1-bathroom apartment. Basement features 2 washer/dryer hookups. Private driveway behind the building has space for 3 cars. Don't miss this opportunity to acquire an income-producing property in a highly sought-after Hamden location! Make an appointment today! This prime location offers great access to Hamden's most desirable amenities and attractions. Residents will love the convenience to: * Dining Delights: Explore a variety of local eateries within a short drive. For a casual bite, consider Cafe Amici (approx. 1.5 miles). For those seeking craft brews and a lively atmosphere, Haven Beer Co. - Hamden (2.9 miles) is a popular spot. For a unique cafe experience with delicious food and events, RoiEt Cafe (2.9 miles) on Whitney Ave is a local favorite. * Shopping & Conveniences: Everyday errands are a breeze with Stop & Shop conveniently located, and a range of retail options are found at the Marketplace at Hamden, including T.J. Maxx, Old Navy, and ULTA Beauty. You're also close to various local shops along Dixwell Avenue. One or more owners of this property is a Licensed Real Estate Agent. Only one gas and electric meter for 1st floor; both 1st floor one bedroom apartments have gas and electric utilities included in rent. Unit 1F base rent is $1,350, but pays a $100/month utility reimbursement fee and $50/month pet fee, for an effective monthly rent of $1,500/month. Owner has started the process of ordering/installing replacement vinyl siding for the wooden shingle siding; this upgrade was planned before property was listed.