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Sold for $505,000 on 07/11/24
  • $505,000

    173 Arch St, Hamden, CT 06514

    5beds
    3,125sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $542,200 Zestimate®
    $162/sqft
    $2,272 Estimated rent

    Home value

    $542,200

    $477,000 - $613,000

    $2,272/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 170608198MLS Logo

    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 sqft
    Details
    • Parcel number: HAMDM2124B029L000000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1925

    Community & neighborhood

    Location
    • Region: Hamden

    Price history

    DateEventPrice
    7/11/2024Sold$505,000+1.2%$162/sqft
    Source: Public Record
    5/4/2024Pending sale$499,000$160/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #170608198
    12/19/2023Price change$499,000-5%$160/sqft
    Source: Smart MLS #170608198
    11/2/2023Listed for sale$525,000+69.4%$168/sqft
    Source: Smart MLS #170608198
    1/6/2023Sold$310,000$99/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$16,891 +100.4%$325,570 +114.8%
    2024$8,428 -1.4%$151,550
    2023$8,544 +1.6%$151,550

    Find assessor info on the county website

    Neighborhood: 06514

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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    $542,200
    2% more+ $10,844
    With Zillow Showcase(estimated)
    $553,044