621 Elm Street

New Haven, CT 06511

$465,000
Price
7
Beds
3
3,320 Sq. Ft.
$140 / Sq. Ft.
3,320
Sq. Ft.
$140
per Sq. Ft.

Description

Exceptional Investment Opportunity in Prime Elm St. Location! This 3-unit property offers incredible potential for investors or owner-occupants looking to generate steady income. Spanning 3,200 SF, the building includes 3, 2-bedroom/1-bath units, ready with two of them ready to achieve market rents of $1,500+ per month. With tenant-paid utilities and no arrears, this asset is a great opportunity to add to your portfolio. Additional features include wood flooring, oak kitchen cabinets, tiled kitchens...Exceptional Investment Opportunity in Prime Elm St. Location! This 3-unit property offers incredible potential for investors or owner-occupants looking to generate steady income. Spanning 3,200 SF, the building includes 3, 2-bedroom/1-bath units, ready with two of them ready to achieve market rents of $1,500+ per month. With tenant-paid utilities and no arrears, this asset is a great opportunity to add to your portfolio. Additional features include wood flooring, oak kitchen cabinets, tiled kitchens and baths, and off-street parking. Located in the highly desirable Dwight Street Historic District, this property benefits from proximity to Pierson College, local shops, and other amenities, ensuring high rental demand. Recent comparable sales in the area, such as 85 Beers St. and 669 Elm St., support the value of this investment. Don't miss your chance to secure this income-generating asset in a sought-after location! AGENTS: Please refer to Agent-to-Agent remarks for additional details.
  1. Listed by Lisa Cozzi • Century 21 AllPoints Realty
    P: (860)-263-2121 C: (860)-508-2102 lisacozzi@lisacozziteam.com
  2. Listed by Chantal Lallier • Century 21 AllPoints Realty
    P: (860)-263-2121 C: (860)-729-4176 chantal.cozziteam@gmail.com

Property Details for 621 Elm Street

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
3updown - Unit(s) per Floor
Garage Parking Info
None
Swimming Pool
No

Location

Listing Courtesy of Century 21 AllPoints Realty, Lisa Cozzi; Century 21 AllPoints Realty, Chantal Lallier
Add your commute
LISTING UPDATED: 02/14/2025 02:41 PM

Property Details for 621 Elm Street

StatusUnder Contract - Continue To Show
MLS #24070596
Days on Market29
Taxes$7,810 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1918
Lot Size0.15 AC / 6,534 SF
CountyNew Haven County

Building Information for 621 Elm Street

Stories-Residences3Year Built1918Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$3,087 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,436

Property Taxes

$651

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 621 Elm 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: 41.314995
  • Longitude: -72.941812
  • 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 2024-June 2025
  • Property Tax: $7,810
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch-Enclosed, Sidewalk, Porch, Gutters, Lighting
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Access Via Hatch
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Rooms Total: 15
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1918
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3320
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1255661
  • Sq Ft Est Heated Above Grade: 3320.0
  • Sq Ft Total: 3320.0
  • 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
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 15
Unit 1
  • Listing Key: 2C762E59DBFC168EE0631401100A69F0
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1236
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 02-07-2025
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Vacant
Unit 2
  • Listing Key: 2C762E59DBFC168EE0631401100A69F0
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 02-07-2025
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Vacant
Unit 3
  • Lease: Leased
  • Lease Expires: 04-30-2025
  • Listing Key: 2C762E59DBFC168EE0631401100A69F0
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1236
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 02-07-2025
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 621 Elm Street

DateEvent & SourcePriceAppreciation
Apr 12, 2016

Closed (Public Record)

Public Record #569659161

$157,500

-0.4% / yr

Aug 22, 2003

Closed (Public Record)

Public Record #127055523

$165,000

+43.0% / yr

Feb 28, 2003

Closed (Public Record)

Public Record #120073173

$139,000

-2.2% / yr

Dec 28, 1992

Closed (Public Record)

Public Record #92353474

$174,500—
DateEvent & SourcePrice
04/12/2016

Closed (Public Record)

Public Record #569659161

$157,500

-0.4% / yr

08/22/2003

Closed (Public Record)

Public Record #127055523

$165,000

+43.0% / yr

02/28/2003

Closed (Public Record)

Public Record #120073173

$139,000

-2.2% / yr

12/28/1992

Closed (Public Record)

Public Record #92353474

$174,500

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

Public Records for 621 Elm Street

Taxable ValueLand$37,450Additions$165,410Total$202,860
Tax Record2023$7,810 ($651 / month)
Home Facts
Baths3Total Finished SqFt3,320 SqFtAbove Grade Finished SqFt3,320 SqFtStories3Lot Size6,486 SqFtStyleTriplexYear Built1918ZoningRM2CountyNEW HAVENAPNNHVN M:319 B:0281 L:02800

Schools near 621 Elm Street

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

James Hillhouse High School
Public9 to 12

Wexler/Grant Community School
PublicK to 8

Hill Regional Career High School
Public9 to 12

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.

Similar Homes

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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. Offers of compensation are subject to change at the discretion of the seller. 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 Century 21 AllPoints Realty, Lisa Cozzi; Century 21 AllPoints Realty, 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.