43 days on market
Under Contract
More about this Property

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408 Ocean Avenue, West Haven CT 06516

Current Price: $469,900

4 beds 2 baths 2020 sq. ft

Last Update: 9/7/2024

Property Type: Multi-Family For Sale

Public Remarks

Dont miss out on this impeccably maintained 2-unit multi-family waterfront home! This property offers an exceptional opportunity for investors seeking rental income or homeowners looking to occupy one unit while earning rental income from the other. Upon entering each unit, youll be greeted by hardwood floors that guide you through the inviting living spaces. The spacious living rooms in each unit provide ample room for relaxation and entertainment, while the adjacent kitchens shine with newer countertops, updated cabinetry, and stainless steel appliances. Each unit is equipped with its own washer and dryer, adding an extra layer of convenience. This home has seen significant improvements, including front and rear entrances, new roof sheeting and shingles (8 years old), boilers and water heaters (6 years old), and refinished hardwood flooring throughout. Parking is hassle-free with dedicated spaces at the rear of the home, accessed by Osborn Ave, and a deeded right of way over the empty lot behind 402 Ocean Ave. A major selling point of this property is its membership in a small and private HOA (dues $200/year). The green across the street is the HOA area, a stunning private lawn space extending from Ocean Ave to the sea wall, only 16 homes. This area is perfect for relaxation and outdoor activities, accessible to both owners and tenants. Located near highways, shopping centers, the University of New Haven, Yale University, beaches, and train statio

this property combines comfort and convenience. Current rents are well below market value with long-term tenants, presenting a fantastic opportunity for increased rental income. Seize this incredible opportunity to own a versatile and lucrative multi-family home in a prime waterfront location! A home sale package from the Association is available upon request.

Map to Property at 408 Ocean Avenue, West Haven CT 06516


GPS FRIENDLY

Residential Property Information for 408 Ocean Avenue, West Haven CT 06516

MLS #: 24026364

Style: Units are Side-by-Side

Color:

Total Rooms:

Bedrooms: 4

Bathrooms: 2

Acres: 0.1

Year Built: 1905 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $7,909

Zoning: R2

Mil Rate:

Assessed Value: $168,770 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 2020; below grade sq feet total is ; total sq ft is 2020

Features
Laundry Location & Info: All Units Have Hook-Ups 
Fireplaces: 2
Basement Desc.: Crawl Space
Exterior Siding: Aluminum
Foundation: Concrete
Roof: Asphalt Shingle
Driveway Type: Shared,Unpaved
Garage/Parking Type: None,Off Street Parking,Driveway
Swimming Pool: 0
Waterfront Feat.: Beach Rights,Water Community,View
Lot Description: Level Lot,Water View
Occupied: Tenant
HOA Information

HOA Fee Amount 200

HOA Fee Frequency: Annually

Association Amenities: .

Association Fee Includes: Lake/Beach Access

Utility Information

Hot Water System Natural Gas,40 Gallon Tank

Heat Type: Hot Water

Fueled By: Natural Gas.

Cooling: Window Unit

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate: Carrigan

Middle:

High School: West Haven

Marketing History

Current List Price: $469,900

Original List Price: $485,000

DOM: 43

Listing Date: 6/18/2024

Last Updated: 8/28/2024 7:19:19 PM