***Investor-Renovation-Immediate Occupancy Opportunity in Mt. Carmel*** Welcome to 60 Chestnut Lane, a home located in one of Hamden's most desirable neighborhoods, bordering the Sleeping Giant Chestnut Plantation as well as steps to "hidden" neighborhood access to a Sleeping Giant walking trail, and the North Haven line. Although this home has been occupied consistently for several decades, and can certainly be immediately lived-in again because of the newer roof and modern appliances, the property offers incredible potential for the right person. Sold as-is, the home will require updates inside and out, making it ideal for investors, contractors, or cash buyers looking to create equity. The layout includes an eat-in kitchen, living room, 3 main level bedrooms, and a beautifully bright, sunlit front porch. Set on a level lot in a neighborhood surrounded by homes valued at $650,000 and higher, this property provides a rare opportunity to either renovate the current structure to match the neighborhood and live happily ever after or invest. Conveniently located near shops, restaurants, and major commuter routes, the home has strong investment potential for those ready to bring their vision to life. Whether you're looking to occupy, flip, or build your dream home from the ground up, 60 Chestnut Lane offers the canvas to make it happen. This property is surrounded by homes with an approximate market value of $650,000, with many homes surpassing that value. The After Renovation Value (ARV) of any home on this lot can be equal (or higher) to those because of its prime location within the neighborhood, level lot, and easy accessibility.
For sale
$239,900
60 Chestnut Lane, Hamden, CT 06518
3beds
896sqft
Est.:
Single Family Residence
Built in 1917
0.97 Acres Lot
$271,200 Zestimate®
$268/sqft
$-- HOA
What's special
Level lotModern appliancesNewer roof
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