$485,000 Price Analysis   ♡   West Haven, CT 06516 4 bed 2 bath 2,020 SqFt ($240/SqFt) 4,356SqFt lot. Built 1905 Listed 2024-06-18, HOA $17, Taxes $7,475 | Ⓧ USDA Ineligible due to location near West Haven |
Don't miss out on this impeccably maintained 2-unit multi-family waterf ront home!
This property offers an exceptional opportunity for investors seeking rental income or homeowners looking to occupy one unit while earning rental income from the other. Upon entering each unit, you'll be greeted by hardwood floors that gude you through the inviting living spaces. The open living rooms in each unit provide ample room for relaxation and entertainment, while the adjacent kitchens shine with newer countertops, updated cabinetry and stainless steel appliances. Each unit is equipped with its own washer and dryer, adding an extra layer of convenience. This home has seen significant improvements, including front and rear entrances, new roof sheeting and shingles (8 years old), boilers and water heaters (6 years old) and refinished hardwood flooring throughout.
Parking is hassle-free with dedicated spaces at the rear of the home, accessed by Osborn Ave and a deeded right of way over the empty lot behind 402 Ocean Ave. A major selling point of this property is its membership in a small and private HOA (dues $200/year). The green across the street is the HOA area, a stunning private lawn space extending from Ocean Ave to the sea wall, 16 homes. This area is perfect for relaxation and outdoor activities, accessible to both owners and tenants. Located near highways, shopping centers, the University of Contemporary Haven, Yale University, beaches and train statio this property combines comfort and convenience. Current rents are well below market value with long-term tenants, presenting a fantastic opportunity for increased rental income. Seize this incredible opportunity to own a versatile and lucrative multi-family home in a prime waterfront location. A home sale package from the Association is available upon request.
Presented by Jacek Mikolajczyk at
Berkshire Hathaway HomeServices New England Properties - Farmington.
Property MLS #24026364 from SMARTMLS
Basement Description: Crawl Space
Full Bathrooms: 2
Heating Features: Heat Fuel Type: Natural Gas, Heat Type: Hot Water
Heating Fuel: Natural Gas
Number of Fireplaces: 2
Water Heaters: Natural Gas, 40 Gallon Tank
Water Community
View
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Garage Description: Off Street Parking, Driveway
Parking Features: 6
Association Fee: 200
Association Fee Frequency: Annually
Association Fee Includes: Lake/Beach Access
Calculated Total Monthly Association Fees: 17
High School: West Haven
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: New Haven
Directions: GPS FRIENDLY
Source Property Type: Multi-Family For Sale
Postal Code Plus 4: 7234
Zoning: R2
Property Subtype: 2 Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $95,060 + $73,710 $168,770 | $7,475 |
| 2021 | $95,060 + $73,710 $168,770 | $7,475 |
| 2020 | $75,810 + $67,060 $142,870 | $6,945 |
| 2019 | $75,810 + $67,060 $142,870 | $6,723 |
| 2018 | $75,810 + $67,060 $142,870 | $6,628 |
| 2017 | $75,810 + $67,060 $142,870 | $6,449 |
| 2016 | $75,810 + $67,060 $142,870 | $6,378 |
| 2015 | $80,220 + $77,910 $158,130 | $6,306 |
| 2013 | $80,220 + $77,910 $158,130 | $6,306 |
| 2005 | $59,430 + $31,920 $91,350 | $4,612 |
| 2003 | $59,430 + $31,920 $91,350 | $4,041 |
$485,000
SMARTMLS
Sold 2009-11-17
$236,500
Public Record
Listing removed 2009-09-25
$249,900
CTMLS
Listed 2009-09-14
$249,900
CTMLS
Sold 2000-04-28
$130,000
Public Record
Year Built: 1905
Above Grade Finished Area: 2020
Building Exterior Type: Aluminum
Construction Materials: Frame
Foundation Details: Concrete
Property Age: 119
House Style: Units are Side-by-Side
Total Area Sqft: 2020
Water Source: Public Water Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.