$3,400,000
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Circular and Gorham Avenue, Hamden, CT 06514

0 Beds
3 Baths
25,201 Sq Ft

A prime real estate opportunity encompassing two properties, 70 Circular Ave and 11 Gorham Ave, featuring a total of 28 units. The buildings boast timeless masonry construction and offer a generous mix of well-appointed 1-bedroom, 2-bedrooms, and 3 bedrooms units with many having undergone recent updates. With rents that are slightly below market averages, new ownership can take advantage of this value add opportunity and capitalize on a lease up strategy. Situated in the vibrant community of Hamden, CT, these properties are strategically located in a working class/commuter-oriented neighborhood. The area provides residents with easy and convenient access to downtown New Haven, enhancing the overall appeal of the investment. Notably, the region is already experiencing the initial stages of gentrification, signifying a positive trend in property value appreciation.

  • MLS# 24020054
  • Date Listed05/23/2024
  • Bedrooms 0
  • Bathrooms 3 Full baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Business Opportunities
  • County New Haven
  • Year Built 1920
  • Water Public
  • Square Feet 25,201 sq. ft
  • Price Per Sq. Ft $134.92

Interior Features

  • Cooling Window Unit(s)

Exterior / Lot Features

  • Roof Rubber
  • Lot Size Acres -
  • Lot Size SQFT 0.00
  • Lot Features Corner Lot

Financial Considerations

  • Tax Amount $75,755
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CT / 06514

Source: Walkscore

55/100

Somewhat Walkable

Walk Score ®

73/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 16/100, Bike Score: 41/100.

Points of Interest near Circular and Gorham Avenue, Hamden, CT 06514

Frequently Asked Questions for Circular and Gorham Avenue

Source: Realty.com

Circular and Gorham Avenue, Hamden, CT 06514 is a Business Opportunities, Commercial property listed for $3,400,000 The property is 25201 sq. ft with 0 bedrooms and 3 bathrooms

Realty.com has 17 photos of Circular and Gorham Avenue.

Our records indicate that Circular and Gorham Avenue was built in 1920.

The full address for this home is Circular and Gorham Avenue, Hamden, CT 06514.

Circular and Gorham Avenue has been listed on Realty.com since Thu May 23, 2024

Some errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 16/100, Bike Score: 41/100.

There are 3 schools assigned to this home. Check out the schools near Circular and Gorham Avenue. Church Street School (Grades: PK - 6), Hamden Middle School (Grades: 7 - 8), Eli Whitney Technical High School (Grades: 9 - 12)

Listing provided courtesy of: Vanguard Private Client Grp (tel: 203-887-2553)
Listing agent: Andrew Stein (tel: 203-887-2553) (#850853)

This content last refreshed on 2025-11-09 18:41:56. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of Circular and Gorham Avenue, Hamden, CT 06514 : MLS# 24020054