607 Elm Street, New Haven, CT 06511

New Haven
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
607 Elm Street,New Haven, CT 06511
$650,000
  • 11 Beds
  • 3 Baths
  • 4,402 sq. ft.
  • Multi-family
  • Active
Listed by: connor wenchell(860) 343-7800
Office: vc property group, llc(860) 300-3102
MLS#:24170025
Source:CT

Price summary

  • Price:$650,000
  • Price per sq. ft.:$147.66

About this home

VC Property Group is proud to present 607 Elm Street located in the Dwight neighborhood of New Haven, CT. This property is fully occupied and generates $57,600 in current gross income, providing an in-place NOI of $37,853. Rent increases to $2,000 per (3) bedroom unit will boost performance marking a 7.75% CAP rate proforma. At a 75% LTV entry, these assets facilitate a 1.13 DSCR. 80% LTV options are available for qualified borrowers. This property features all (3) bedroom units, tenant-paid utilities, public water/sewer, in unit washer/dryer hookups, and a low operating expense profile. This is a stabilized asset providing strong upside with lease up to market rents.

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Home facts

  • Year built:1880
  • Listing ID #:24170025
  • Added:1 day(s) ago
  • Updated:April 25, 2026 at 11:34 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:16
  • Basement Description:Full Basement
  • Living area:4,402 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1880
  • Building area:4,402 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Shingle

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$147.66
  • Tax amount:$9,330 (July 2025-June 2026)
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