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    607 Elm St New Haven, CT 06511

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    For Sale
    $679,000

    Three-family investment property near Yale with off-street parking.

    Lot size:
    0.14 Acres

    Property Features for 607 Elm St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1880

    Source: VC Property Group, LLC Agent Connor T. Wenchell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Haven Triplex Investment Property

    This is a three-family investment property located in the Dwight neighborhood of New Haven. The building contains three units, each with three bedrooms. The property is situated near Yale University, Yale Hospital, and downtown shops and restaurants. A notable feature is the availability of off-street parking. The property is located directly across from the Troup School grounds. The intended use of the property is as a residential investment.
    Location Intelligence

    Current Use by Public Records

    The Kids Kraze After School Program

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9412928
    Latitude
    41.3147637

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    FAQs

    What type of property is this?
    Multifamily property - Three-family investment property near Yale with off-street parking.
    Where is this multifamily property located?
    The property is located at 607 Elm St New Haven, CT.
    What is the asking price?
    The asking price for this property is $679,000.
    What are key features of this property?
    This property features: - Investment property with potential for over 10% return on investment.; - Three-family home in the Dwight neighborhood.; - Close proximity to Yale University, Yale Hospital, downtown shops, and restaurants.
    (860) 343-7800
    Request Owner's contact information
    607 Elm St New Haven, CT 06511
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    New Haven, CT 06511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    607 Elm St New Haven, CT 06511
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