For Sale
$1,050,000

2842 Dixwell AveHamden, CT 06518

7-Unit, 6,258 SF, 9.94% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: a fully occupied, 7-unit mixed-use property in Hamden, CT, offering a 9.94% cap rate and a substantial NOI of $104,400. This 6,258 square foot building, constructed in 1925, sits on a 0.32-acre lot and features two stories. The property boasts 100% occupancy across its diverse mix of residential and commercial units, ensuring a stable and reliable income stream. Conveniently located at 2842 Dixwell Ave, 06518, in New Haven County, this property benefits from high visibility and easy access to major transportation routes. The building is well-maintained and features handicap-accessible design, window displays, sidewalks, gutters, exterior lighting, and a door sign. The property is zoned T4 and includes approximately 1,000 parking spaces. This stabilized investment presents a rare opportunity to acquire a high-performing asset with significant upside potential in a thriving Connecticut market. The property's strong cash flow, coupled with its prime location and well-maintained condition, makes it an ideal addition to any portfolio. The APN is 1141639. This is a treed, sloping lot.

Highlights

  • Fully occupied 7-unit mixed-use building in Hamden, CT, offering a 9.94% cap rate and $104,400 NOI.
  • 6,258 sq ft building on a 0.32-acre lot, located at 2842 Dixwell Ave, 06518.
  • High visibility and easy access to major transportation routes.
  • Features handicap-accessible design, window displays, sidewalks, gutters, exterior lighting, and a door sign.
  • Treed, sloping lot with approximately 1,000 parking spaces (zoning T4, APN 1141639).

Property Details for 2842 Dixwell Ave

Property type
Mixed-use properties
Square Feet
6,258 SF
Year Built
1925
Stories
2
Lot Size (sq. ft)
13,939 SF
Units
7

Location Insight

City
Hamden
County
New Haven
State
Connecticut
Latitude
41.3842015
Longitude
-72.9058711
2842 Dixwell Ave, Hamden, Connecticut

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2842 Dixwell Ave
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