516 Elm Street
New Haven, Connecticut

Description:

Investment opportunity regarding a fire damaged building being sold in "As-Is" condition. Under new zoning ordinances, there is potential for a four unit conversion with minimal relief needed. The property is ideally located within walking distance of Yale shops and restaurants. Redeveloping this property offers the opportunity to take advantage of property tax abatements and to appeal the existing value. The appeal period is currently open & closes this month.

Listing Courtesy of Vanguard Private Client Grp