Income producing 2 Family. The market value of the property is size of the lot in T4 Zoning with permitted use for multi-family dwellings. Based on the prior review of lot coverage regulations, multiple buildings should be allowed. The seller makes no definitive claims. Buyer to verify with current P&Z regulations. Prior concept dwellings available for information only.
Welcome to 165 School Street, Hamden, CT-a newly renovated two-family gem offering incredible versatility and investment potential. This property boasts 7 bedrooms spread across two spacious floors, making it an ideal choice for both savvy investors and prospective homeowners. Situated on a flat lot, the property features modern updates throughout, ensuring comfort and style. Each unit provides ample living space, perfect for accommodating large families or generating rental income. With Quinnipiac College just a stone's throw away, the demand for housing is high, making this an excellent opportunity for college-related rentals. Live comfortably in one unit while renting out the other, or capitalize on the lucrative rental market by leasing both units. Whether you're looking for a steady income stream or a multi-generational home, 165 School Street provides the flexibility and value you're seeking. Don't miss out on this remarkable opportunity-schedule a viewing today and see the potential for yourself!
Presenting a distinguished investment opportunity near Quinnipiac University, this property is a newly listed three-family residence boasting approximately 2,599 square feet of living space. Situated on Washington Avenue, the location is a mere 3.2 miles or a 7-minute drive from the university's main campus, offering convenient access to I-91, the Merritt Parkway, and the renowned Sleeping Giant State Park, celebrated for its picturesque hiking trails and vistas. Proximity to essential shopping and services further enhances this property's appeal. The architectural layout of each unit encompasses two bedrooms, one full bathroom, a welcoming living room, and a well-appointed kitchen. Additional amenities include a basement featuring laundry facilities, a two-car detached garage, a spacious backyard, and ample off-street parking. This property represents a lucrative rental income stream, with leases in place through June 30, 2025, and a current monthly rent of $5,100. It stands as an exceptional investment that promises a robust return, epitomizing the term "absolute cash cow."
The median home value in Hamden, CT is $282,000. This is lower than the county median home value of $326,700. The national median home value is $338,100. The average price of homes sold in Hamden, CT is $282,000. Approximately 55.87% of Hamden homes are owned, compared to 33.66% rented, while 10.47% are vacant. Hamden real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hamden real estate agent to arrange a tour today!
Hamden, Connecticut 06518 has a population of 61,160. Hamden 06518 is less family-centric than the surrounding county with 26.32% of the households containing married families with children. The county average for households married with children is 26.84%.
The median household income in Hamden, Connecticut 06518 is $80,779. The median household income for the surrounding county is $75,043 compared to the national median of $69,021. The median age of people living in Hamden 06518 is 37 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 49.6 inches per year, with 32.2 inches of snow per year.