587 Orchard Street, New Haven, CT 06511

$265,000 Asking Price

4 beds
2 baths
1,596  sqft
Built in 1900

This charming 4-bedroom, 1.5-bathroom, 2-story home in New Haven's historical West River neighborhood is the perfect opportunity for first-time homebuyers looking for a balance of modern comfort and classic charm. The beautiful light blue vinyl siding and newer windows give the home a fresh, inviting appearance, while the newly paved driveway provides ample parking for up to 8 cars-perfect for hosting guests or growing families. The spacious, fenced-in backyard with a deck offers a private oasis for outdoor relaxation, gardening, or entertaining. Located in a vibrant neighborhood with parks, athletic fields, and close proximity to top-rated hospitals, this home offers not only convenience but also a promising future. It's ideal for those who want a move-in ready home with the potential for long-term value. With market rents for a 4-bedroom property in this area reaching up to $2,400 per month, this property also provides a great investment opportunity for those considering rental income. Recent nearby sales, like the home at 130 Portsea St closing at $266,000, show strong value retention, making this home a smart purchase for anyone looking to invest in their future. Whether you're starting a family or looking for a solid financial asset, this home is a fantastic choice.

Features & Amenities

Interior

Appliances:
None
Basement:
Full,Unfinished,Storage
A/C:
None
Heating:
Hot Air, Natural Gas
Fireplace:
Fireplaces: 0

Exterior

General:
Sidewalk,Porch,Deck,Gutters,Lighting
Style:
Colonial
Parking:
Parking spaces: 8

Construction

Roofing:
Asphalt Shingle

Location

County:
New Haven

Lot

Driveway:
Private
Zoning:
RM2, 1253286

Utilities

Water:
Public Water Connected,Public Water In Street
Sewer:
NotConnected,Sewer in Street

This listing courtesy of:
Berkshire Hathaway NE Prop., Lisa Cozzi

About New Haven, CT

Housing

Number of Units
55,884
Median Home Value
$243,579
Median Rent
$1,076

72.04% of housing units are renter occupied.

9.03% are vacant.

Commute

Car
55.00%
Public Transportation
7.10%
Walk to Work
8.64%
Work from Home
26.71%
Other
0.65%

The median travel time to work is 18 minutes.

People

Population
129,949
Median Age
32.70
Median Household Size
2.64

Education

High School
31.60%
Associate’s Degree
4.65%
Bachelor’s Degree
15.09%
Graduate Degree
19.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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