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    42 Warner Street

    Hamden, CT 06514
    • $7,500,000
    • STATUS: Active Under Contract
    • ON SITE: 161 days
    • MLS #: 170339230
    Under Contract
    UPDATED: 24 min ago
    $7,500,000
    • 0
      BEDS
    • 1.95
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 51,504
      SQFT
    • $146
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Multi-Family
    Built:
    1973
    County:
    Area:

    School Information

    Elementary School:
    High School:

    Description

    Constructed in 1973, the Willow Woods Apartments' unit mix is quite diverse and includes One Bedroom, Two Bedroom, and Three Bedroom apartments with a mix of flat and townhouse style layouts. Existing ownership has renovated roughly half of the units and has captured substantial upside from those renovations. There remains a large amount of value-add potential in the units yet to be renovated, and there is the potential to reposition the property foreven larger rent gains. In addition to its traditional value-add and reposition potential, Willow Woods is located within an opportunity zone, which adds another operating strategy to the table. Willow Woods Apartments is immediately adjacent to Southern Connecticut State University, making them ideal lodgings for students looking to live off campus, but still remain within walking distance of their classes.

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    © 2021 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Around Town Real Estate Team | Keller Williams. Data last updated: 2021-03-02T09:10:02.733.
    www.thearoundtownteam.com/homes/110239058
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    42 Warner Street Hamden, CT 06514

    • Price: $7,500,000
    • Status: Active Under Contract
    • Updated: 24 min ago
    • MLS #: 170339230
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.95
    Acres
    51,504
    SQFT
    $146
    $/SQFT
    1973
    Built
    Neighborhood:
    N/A
    County:
    New Haven
    Area:
    Hamden
    Elementary School:
    per board of ed
    High School:
    per board of ed
    Property Description
    Constructed in 1973, the Willow Woods Apartments' unit mix is quite diverse and includes One Bedroom, Two Bedroom, and Three Bedroom apartments with a mix of flat and townhouse style layouts. Existing ownership has renovated roughly half of the units and has captured substantial upside from those renovations. There remains a large amount of value-add potential in the units yet to be renovated, and there is the potential to reposition the property foreven larger rent gains. In addition to its traditional value-add and reposition potential, Willow Woods is located within an opportunity zone, which adds another operating strategy to the table. Willow Woods Apartments is immediately adjacent to Southern Connecticut State University, making them ideal lodgings for students looking to live off campus, but still remain within walking distance of their classes.
    Exterior Features

    Construction Description Frame Exterior Siding Wood Foundation Type Block Lot Description City Views Roof Information Asphalt Shingle Style Units On Different Floors Waterfront Description Not Applicable

    Interior Features

    Attic Yn No Basement Description None Cooling System Window Unit Heat Type Baseboard Hot Water Description Electric

    Property Features

    Bank Owned Property Yn No Direct Waterfront Yn No Fuel Tank Location Non Applicable Garage Parking Info Under House Garage Heat Fuel Type Electric Hoa Yn No New Construction Type No/Resale Possession Availability Immediate Potential Short Sale Yn No Property Sub Type 5 Family+ Property Tax 1244 Sewage System Public Sewer Connected Sign Yn Yes Swimming Pool Yn No Water Source Public Water Connected Zoning R5

    Listing information © 2021 Smart MLS
    Listing provided courtesy of James P Huffman of Farnam Realty Group.


    © 2021 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Around Town Real Estate Team | Keller Williams. Data last updated: 2021-03-02T09:10:02.733.
     
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    Around Town Real Estate Team | Keller Williams
    19 Church Hill Road
    Newtown CT, 06470