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Key Details
Sold Price $290,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,245 sqft
Price per Sqft $68
MLS Listing ID 170407773
Sold Date 08/25/21
Style Units on different Floors,3updown - Unit(s) per Floor
Bedrooms 10
Full Baths 3
Year Built 1900
Annual Tax Amount $5,082
Lot Size 7,840 Sqft
Property Sub-Type 3 Family
Property Description
BUY TO INVEST OR OCCUPY! This huge 3-family ranks as one of the top 10 largest available in town within the past year! Whether you are looking to add to a portfolio, start one, or occupy one floor and allow the other 2 to cover your mortgage - this could be the property for you. Each unit is about 1,414 sf! First floor contains 5 rooms, 3 beds, and a full bath. Second floor contains the same layout. Third floor is 6 rooms, 4 beds and a full bath (although currently being used as a 5 bed). Each floor has a rear porch, as well as separate gas utilities. Excellent storage space throughout each unit, and the possibility to re-install hookups for laundry in the units if desired. Additional highlights of this excellent property include new Anderson windows throughout, tons of parking and room for expansion too, great fenced in yard space in the rear of the unit as well as within the included additional lot, separate owner's electric meter, corner lot which allows for even more parking space on-street, plus the property's proximity to everything you or your tenants would need such as shopping, highways, bus lines and more. Currently operating at a true 8% CAP rate with potential value-add play if units are refreshed and bumped up or even bumped up in as-is condition. Current tenants are long-term so not all rents are at market. A few different options which make this property a good one to see!
Location
State CT
County New Haven
Zoning RL
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Exterior
Exterior Feature Garden Area, Gutters, Porch, Sidewalk
Parking Features Driveway, Off Street Parking, Parking Lot
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description City Views, Corner Lot
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Jeff Fulchino • BHGRE Gaetano Marra Homes
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