1561 Chapel Street

New Haven, CT 06511

$750,000
Price
12
Beds
6
Baths
5,058 Sq. Ft.
$148 / Sq. Ft.
5,058
Sq. Ft.
$148
per Sq. Ft.

Description

An amazing stucco investment opportunity in the Edgewood neighborhood of New Haven. This location is home to Hamilton Park and the Connecticut Open Tournament! This 6-unit asset is 5058 SF & has tenant paid utilities. Unit 1 has 2 bedrooms/ 1 bathroom and is ready for occupancy! Unit 2 has 2 bedrooms/1 bathroom rented for $1200 that is currently M2M. Unit 3 has 2 bedrooms/ 1 bathroom rented for $775 to a long-term 5-year tenant that is M2M. Unit 4 has 2 bedrooms/ 1 bathroom rented for $1095 with...An amazing stucco investment opportunity in the Edgewood neighborhood of New Haven. This location is home to Hamilton Park and the Connecticut Open Tournament! This 6-unit asset is 5058 SF & has tenant paid utilities. Unit 1 has 2 bedrooms/ 1 bathroom and is ready for occupancy! Unit 2 has 2 bedrooms/1 bathroom rented for $1200 that is currently M2M. Unit 3 has 2 bedrooms/ 1 bathroom rented for $775 to a long-term 5-year tenant that is M2M. Unit 4 has 2 bedrooms/ 1 bathroom rented for $1095 with lease expiration of 11/30/23. Unit 5 has 2 bedrooms/1 bathroom rented for $1180 with lease expiration of 12/31/23. Unit 6 has 2 bedrooms/ 1 bathroom rented for $1125 with lease expiration of 11/30/23. AGENTS PLEASE READ AGENT to AGENT REMARKS!
  1. Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
    P: (860) 215-3634 C: (860) 215-3634 mulveylisa@gmail.com
  2. Listed by Chantal Lallier • Berkshire Hathaway NE Prop.
    P: (860) 633-3674 C: (860) 729-4176 chantallallier@bhhsne.com

Property Details for 1561 Chapel Street

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Other
Garage Parking Info
None
Swimming Pool
No

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Chantal Lallier
Add your commute
LISTING UPDATED: 04/11/2024 02:04 AM

Property Details for 1561 Chapel Street

StatusActive
MLS #170576050
Days on Market320
Taxes$13,575 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1900
Lot Size0.11 AC / 4,791 SF
CountyNew Haven County

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Chantal Lallier
Add your commute

Building Information for 1561 Chapel Street

Stories-Residences6Year Built1900Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$5,224 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$1,131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1561 Chapel Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.312428
  • Longitude: -72.948095
  • Neighborhood Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $13,575
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Access Via Hatch
  • Cooling System: None
  • Heat Type: Hot Water
  • Attic YN: Yes
  • Rooms Total: 30
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Stucco
  • Foundation Type: Concrete
  • Gross SQFT Per Public Records: 7782
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1257199
  • Sq Ft Est Heated Above Grade: 5058.0
  • Sq Ft Total: 5058.0
  • Zoning: RM2
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Sewage System: Public Sewer Connected, Public Sewer In Street
  • Water Source: Public Water Connected, Public Water In Street
Multi Family
Income and Expenses
  • Gross Annual Expense: 32779
  • Gross Annual Income: 86100
  • Net Operating Income: $49,016
  • Total Number of Units: 6
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 6
Unit 1
  • Listing Key: FDF39AB5EAE88CF3E0531401100A84B1
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 04-11-2024
  • Unit Monthly Rent: $1,125
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Listing Key: FDF39AB5EAE88CF3E0531401100A84B1
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 04-11-2024
  • Unit Monthly Rent: $1,180
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Listing Key: FDF39AB5EAE88CF3E0531401100A84B1
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 04-11-2024
  • Unit Monthly Rent: $775
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Listing Key: FDF39AB5EAE88CF3E0531401100A84B1
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 04-11-2024
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
  • Unit Occupied By: Vacant
Unit 5
  • Listing Key: FDF39AB5EAE88CF3E0531401100A84B1
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 04-11-2024
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 6
  • Listing Key: FDF39AB5EAE88CF3E0531401100A84B1
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 04-11-2024
  • Unit Monthly Rent: $1,095
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 1561 Chapel Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1561 Chapel Street

Taxable ValueLand$47,250Additions$317,660Total$364,910
Tax Record2023$13,575 ($1,131 / month)
Home Facts
Baths6Total Finished SqFt5,058 SqFtAbove Grade Finished SqFt5,058 SqFtStories2Lot Size4,871 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningRM2CountyNEW HAVENAPNNHVN M:337 B:0239 L:03200

Schools near 1561 Chapel Street

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 4
Rating
School
Distance
Augusta Lewis Troup School
PublicPK to 8

Hill Regional Career High School
Public9 to 12

Barnard Environmental Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1561 Chapel Street is a multi-family home for sale in New Haven, CT 06511. This property was listed for sale on June 12, 2023 by Berkshire Hathaway NE Prop., it's currently listed at $750,000. It has been on the market for a total of 320 days and was last sold on February 2, 2015. This listing's school district is New Haven School District. Nearby schools include Augusta Lewis Troup School, Hill Regional Career High School and Barnard Environmental Magnet School. 1561 Chapel Street is a 12-bed, 6-bath, 5,058 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Chantal Lallier

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.