See all 15 photos
15 photos
Additional details
$499,000
Est. payment /mo
6 Beds
3 Baths
2,795 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,795 sqft
Price per Sqft $178
MLS Listing ID 24155841
Style Units on different Floors
Bedrooms 6
Full Baths 3
Year Built 1903
Annual Tax Amount $4,548
Lot Size 6,098 Sqft
Property Sub-Type 3 Family
Property Description
Attention investors and owner-occupants! Income-producing 3-family property where the heavy-lifting has been done for you by current ownership. Positive cash-flow. All 3 floors are spacious two-bedroom units. 7-8% CAP proforma + strong upside potential. Tenant-paid utilities, very low owner expenses. One floor leased at determined market value; one floor has been freshly renovated and just listed for rent; one floor has tenant lease-end and vacancy scheduled for month's end. $4200-4800/month proforma rent roll. (Seller willing to work with any leasing preferences prior to closing.) Off-street parking available. Rare opportunity to acquire alongside the neighboring multifamily property for a larger investment portfolio. A compelling opportunity for investors looking to build or expand their multifamily portfolio.
Location
State CT
County New Haven
Zoning RM
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Melanie Scull • William Pitt Sotheby's Int'l
Nearby School & Business
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Tiffany Jacquier
Broker | License ID: 9530613, 0790302
Broker License ID: 9530613, 0790302
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