#24058281, Shy Grahame, Listing Office: Berkshire Hathaway NE Prop.
![Berkshire Hathaway NE Prop. MLS Logo](https://rocket.com/homes/mls-logos/IDX_Logo.png)
$5,213
closing credit¹
617 Elm St New Haven, CT 06511
Property details
About 617 Elm St
Exceptional investment opportunity in a prime location! This spacious multi-family property features two 2-bedroom units and one 1-bedroom unit, making it perfect for investors or owner-occupants. The charming exterior includes a large front porch and second-floor deck, while inside you'll find beautiful wood floors, a cozy fireplace, and generously sized rooms. The 3-stall garage adds extra income potential, with two bays currently rented and one available. Off-street parking and a shared driveway provide added convenience for tenants. Each unit has separate utilities, including gas heating and stoves, making management straightforward and efficient. Ideally located within walking distance to downtown, schools, parks, and medical facilities, and just one block from shopping, this property offers unbeatable rental appeal. Recent comparable sales include 85 Beers St. ($470,000) and 47 Dickerman St. ($551,000), highlighting the value in this thriving neighborhood. With a sale price of $445,000 this gives a range of equity from $25,000-$81,000! Don't miss out on this income-producing asset with potential for added value!"
Highlights
Summary
- MLS Number: 24040338
- Office Name: Berkshire Hathaway NE Prop.
- Office Phone: (860) 633-3674
- Office Email: shygrahame@bhhsne.com
- Listing Agent: Shy Grahame
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Last updated on: 2/8/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of house featuring cooling unit, covered porch, and a balcony](/homes/listing-images/53288060_S0438/S0438/S0438-R0100/1FD33629A4CFB547E063D501100AC445/1FD3548D039AD7D9E063D501100A3A8F.jpg?version=1729711256&width=640)
$439,000
617 Elm St
$5,213
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 12, 2016 | Home Sold | $157,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $231,140 | $8,899 |
2023 | $231,140 | $8,598 |
2022 | $231,140 | $9,188 |
2021 | $145,250 | $6,374 |
2020 | $145,250 | $6,374 |
2019 | $145,250 | $6,243 |
History based on county public records data.
Nearby schools
5
Barack H. Obama Magnet University School
Public Magnet PK-4
1.2 mi
•69 Farnham Ave
4
Lincoln - Bassett Community School
Public District PK-6
1.2 mi
•130 Bassett St
6
Forest Elementary School
Public District KG-4
1.8 mi
•95 Burwell Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,500. The most common annual income of people living in New Haven, CT is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 617 Elm St in New Haven, CT and zip code 06511 in the Dwight neighborhood. This 3,002 square foot home, which was built in 1900, sits on a 0.18 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 18, 2024 and is currently priced at $439,000.
New Haven, CT housing market in January 2025 saw over 21 listings sold above listed price, more than 4 sold at listed price and over 23 sold below. The number of listings in New Haven, CT decreased by 1.8% between December and January 2025.