Here's your opportunity to acquire an income-generating property in close proximity to Yale, Albertus Magnus College, and Southern Connecticut State University! This four-unit property offers an incredible investment opportunity, featuring a commercial space currently operating as a restaurant, along with three residential apartments, all featuring updates throughout! The main level consists of a two-bedroom, one-bathroom apartment. Upstairs features a one-bedroom, one-bathroom unit along with a one-bedroom, one-bathroom unit, with separate entrance. There is a walk-up attic on the second floor, providing additional storage space. New roof 2023, updated five gang electrical meters and panel. This property is in a convenient location with high visibility, ample parking for both commercial and residential tenants, and easy access to transportation and major highways. With strong income potential, you don't want to miss this opportunity!
Sold for $505,000
$505,000
173 Arch St, Hamden, CT 06514
5beds
3,125sqft
Multi Family
Built in 1925
-- sqft lot
$580,400 Zestimate®
$162/sqft
$2,251 Estimated rent
Home value
$580,400
$551,000 - $609,000
$2,251/mo
Zestimate® history
Owner options
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$2,251/mo
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$2,251/mo
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$3,744/mo
Est. payment
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$3,744/mo
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Zillow last checked:
Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 170608198
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- None
Features
- Basement: Yes
Interior area
- Total structure area: 3,125
- Total interior livable area: 3,125 sqft
Property
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: HAMDM2124B029L000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1925
Community & HOA
Location
- Region: Hamden
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $325,570
- Annual tax amount: $16,891
- Date on market: 2/22/2024
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2024 | Sold | $505,000+1.2%$162/sqft |
Source: Public Record Report a problem | ||
| 5/4/2024 | Pending sale | $499,000$160/sqft |
Source: | ||
| 12/19/2023 | Price change | $499,000-5%$160/sqft |
Source: | ||
| 11/2/2023 | Listed for sale | $525,000+69.4%$168/sqft |
Source: | ||
| 1/6/2023 | Sold | $310,000$99/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,891 +100.4% | $325,570 +114.8% |
| 2024 | $8,428 -1.4% | $151,550 |
| 2023 | $8,544 +1.6% | $151,550 |
| 2022 | $8,408 +5.8% | $151,550 |
| 2021 | $7,947 +13.9% | $151,550 +12.9% |
| 2020 | $6,979 +6.4% | $134,260 |
| 2019 | $6,560 +1.9% | $134,260 |
| 2018 | $6,439 +6% | $134,260 |
| 2017 | $6,077 -0.2% | $134,260 |
| 2016 | $6,090 +11% | $134,260 |
| 2015 | $5,487 | $134,260 |
Find assessor info on the county website
Neighborhood: 06514
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Nearby schools
GreatSchools rating
- 5/10Dunbar Hill SchoolGrades: PK-6Distance: 1.9 mi
- 5/10Hamden Middle SchoolGrades: 7-8Distance: 3.2 mi
- 4/10Hamden High SchoolGrades: 9-12Distance: 2.3 mi
Sell for more on Zillow
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$580,400
2% more
+$11,608
With Zillow Showcase(estimated)
$592,008
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$580,400
2% more
+$11,608
With Zillow Showcase(estimated)
$592,008
- Connecticut
- New Haven County
- Hamden
- 06514
- 173 Arch St