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551 Fountain St

1 Unit Apartment Building $320,000 ($320,000/Unit) New Haven, CT 06515

Executive Summary

Are you tired of losing out in bidding wars? Here's an incredible chance to craft your dream home. With a purchase price of $330k and an After Repair Value (ARV) ranging from $362k to $449k based on your chosen finishes, this property offers endless potential. Step inside to discover a cozy fireplace in the living area, a spacious kitchen, and a tranquil private backyard. Spanning 1,592 square feet, this residence boasts 3 bedrooms, 1.5 bathrooms, and convenient off-street parking. Nestled in the charming Amity neighborhood of New Haven, between Westville and West Rock, this location offers proximity to Edgewood Park, the Yale Golf Course, and eclectic local shops. Whether you're eager to invest sweat equity or seek financing options like a 203k Rehab Loan, Fix & Hold Loan, or the Home Run Program, this home presents an enticing opportunity. Properties are to be sold as-is, where-is, with inspections for informational purposes only. Don't miss out on the chance to transform this property into your ideal lifestyle home!

Property Facts

Price $320,000
Price Per Unit $320,000
Sale Type Investment
No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Lot Size 0.10 AC
Building Size 1,592 SF
Average Occupancy 100%
No. Stories 2
Year Built 1925

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 1 - 1,592

zoning

Zoning Code RS2
RS2
  • Listing ID: 32440389

  • Date on Market: 7/12/2024

  • Last Updated:

  • Address: 551 Fountain St, New Haven, CT 06515

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