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1/23
$450,000
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1/23
Property Description
Attention investors, contractors, and developers! Pending approval to transform this 4-unit mixed use property into 5 residential units located near Downtown New Haven. With the right vision and renovation, this property can deliver strong rental income in one of Connecticut's most in-demand markets. Prime location just minutes from Yale, hospitals, SCSU and downtown. Easy access to public transportation, bus and train routes. Full rehab needed - ideal for experienced investors or contractors. Cash, hard money, or rehab loan required. Property sold as-is. Buyer to do due diligence.
Full Property Details
Full Property Details for 123 Carmel St
General
- Price: $450,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24128813
- Updated: 1/1/2026
- Added to Site: 116 day(s) ago
Location
- County: New Haven
- Driving Directions: Goffe to Carmel. Property sits on the corner
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Natural Gas, Oil
- Heating Fuel: Natural Gas, Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas
Structural Information
- Roof: Flat
- Square Feet: 5,313
- Sq. Ft. Source: Public Records
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.09
- Frontage: Municipal Street
- Zoning: RM2
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $285,320
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: None
- Property ID: 1256713
Listed by Eaddy Associates, Latasha Eaddy
Get Pre-Approved Today
Schools
Schools serving 123 Carmel St
School District:New Haven School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 Carmel St
Date
Details
Price
Change
Source
12/12/2025
Price Reduced
$450,000
-9.82%
MLS
10/21/2025
Price Reduced
$499,000
-9.27%
MLS
9/23/2025
Listed
$550,000
66.67%
MLS
1/15/2025
Sold
$330,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 123 Carmel St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,242
2%
$285,320
—
2023
$10,985
3%
$285,320
—
2023
$10,614
-6%
$285,320
—
2022
$11,341
2%
$285,320
13%
2021
$11,101
—
$252,980
—
2020
$11,101
2%
$252,980
—
2019
$10,873
—
$252,980
—
2018
$10,873
11%
$252,980
—
2017
$9,785
14%
$252,980
23%
2016
$8,571
—
$206,290
—
2015
$8,571
—
$206,290
—
2014
$8,571
2%
$206,290
—
2011
$8,417
—
$206,290
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 123 Carmel St
123 Carmel Street, New Haven, CT 06511 (MLS# 24128813) is a Commercial property. 123 Carmel Street is currently listed for $450,000 and was received on September 23, 2025. Want to learn more about 123 Carmel Street? Do you have questions about finding other Commercial real estate for sale in New Haven? You can browse all New Haven real estate or contact a Coldwell Banker agent to request more information.

