111 Helen St

Hamden, CT 06518 View Map $525,000 Ask a Question
Beds12
Baths4
Sq.Ft.5,390
Year1920
111 Helen St Hamden, CT 06518 | MLS 170609584 Photo 1
111 Helen St Hamden, CT 06518 | MLS 170609584 Map

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Status: Sold
Property Type:4 Family
MLS #:170609584
Sq. Feet:5,390
Date Sold:3/11/2024
Lot Size:0.37 Acres
County:New Haven
**Investment Opportunity** Here's a strategic opportunity combining immediate returns with long-term stability. Whether you're a seasoned investor or a newcomer eager to step into real estate, this property beckons. 4-unit property is a haven for investors, boasting full occupancy, a sprawling lot, and off-street parking for added convenience. All units are currently occupied, ensuring a steady and immediate return on investment. Situated on a generous lot, 111 Helen Street provides not just a place to live but ample space for outdoor activities or future expansions, adding intrinsic value. The property offers a diverse rental income, with units rented at $1,800, $1,600, and $1,275 per month. The seller's unit can be rented for $1,600. With tenants in place for 10 and 5 years, the property showcases stability and the potential for lasting relationships with reliable tenants. In summary, this is a standout investment with full occupancy, attractive rental incomes, and a seller's unit ready for occupancy. Don't miss the chance to step into a world of investment and witness passive income. Schedule your viewing today.

Detailed Maps

Community Information

Address:111 Helen St, Hamden, CT 06518
County:New Haven
City:Hamden
Zip Code:06518

School Information

High School:Per Board of Ed
Elementary School:Per Board of Ed

Architecture

Bedrooms: 12
Bathrooms: 4
Year Built:1920
Stories:0
Style:Units on different Floors, 4sides - Units Are Side-by-Side
Exterior Siding: Aluminum
Occupied By: Owner
Property Sub Type: 4 Family
Unit 1 Appliances: Oven/Range, Refrigerator
Unit 1 Unit Full Baths: 1
Unit 1 Unit Monthly Rent: 1800
Unit 1 unit Number Bed Rooms: 3
Unit 2 Appliances: Oven/Range, Refrigerator
Unit 2 Unit Full Baths: 1
Unit 2 Unit Monthly Rent: 1800
Unit 2 unit Number Bed Rooms: 3
Unit 3 Appliances: Oven/Range, Refrigerator
Unit 3 Unit Full Baths: 1
Unit 3 Unit Monthly Rent: 1600
Unit 3 unit Number Bed Rooms: 3
Unit 4 Appliances: Oven/Range, Refrigerator
Unit 4 Unit Full Baths: 1
Unit 4 Unit Monthly Rent: 1275
Unit 4 unit Number Bed Rooms: 3
Roof Information: Flat
Foundation: Concrete
Basement Description: Full, Concrete Floor, Storage
Garage Parking: Driveway, Paved, Off Street Parking

Features / Amenities

Laundry Room Information: Basement Hook-Up(s)
Exterior Features: Porch
Exterior Siding: Aluminum
Color: White
Heat Fuel Type: Natural Gas
Heat Type: Radiator, Steam
Cooling System: Window Unit

Property Features

Lot Size: 0.37 Acres
Lot Description: Level Lot
Water Source: Public Water Connected
Hot Water Description: Domestic
Sewage System: Public Sewer Connected
Driveway: Private, Paved
Zoning:R5
Directions:GPS

Tax and Financial Info

Financing Used: Private
Gross Annual Income: $75,300
Gross Annual Expense: $35,996
Net Operating Income: 39304
Possession Availability: Negotiable

Schools

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Listing Information Last Updated 6/19/2024
Listing provided courtesy of Ki Property Group.
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