$499,999
 $2,684 forsale estimated payment Sourced by Back At You

50 Liberty Street , New Haven, CT 06519

New Haven, CT 06519

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Description

Investing in multi-unit residential properties can be a strategic move for those looking to diversify their investment portfolio. A three-unit building, such as the one described, offers a blend of immediate revenue through rental income and the prospect of asset growth over time. The variety in unit sizes-from two bedrooms on the lower floors to a more spacious three-bedroom unit encompassing the third and fourth floors-caters to different tenant needs, potentially reducing vacancy rates. Regular maintenance and updates are critical in preserving the property's value and appeal, which this building seems to have benefitted from. Moreover, the property's ability to accommodate various living arrangements makes it a versatile choice for investors aiming for both short-term gains and long-term capital appreciation.

Details

Mls24010172
Listing TypeFor Sale
StyleAttachd
StatusActive
Year1910
Days On Site239
Listing Provided ByColdwell Banker Realty | James Montanaro

Features

Beds7
Baths 3 Total
Sq Feet2,730
BasementY
Units3
ZoningRM2
Acreage0.06
Water FrontYes

Market Activity 06519

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Learn More About This Property

StateCT
CountyNew Haven
CityNew Haven
Zip Code06519
AreaNew Haven
School DistrictPer Board of Ed
Elementary SchoolPer Board of Ed
Middle SchoolPer Board of Ed
High SchoolPer Board of Ed
Listing VS Median (in 06519)
Price:
$499,999
low | high
Med:
$288,000
92.39988479977% of Average
SqFt:
2,730
low | high
Med:
1,860
81.868131868132% of Average
$ / SqFt:
$183
low | high
Med:
$155
65.45789543192% of Average
On Site:
239
low | high
Med:
118.000000
100% of Average
Sourced by Back At You
Listing Updated: November 12, 2024 at 10:26:47 AM PST