Address
Not Disclosed, Hamden, CT
Price
$ 525,000
Property Attributes
  • MLS#24024025
  • TypeMulti-Family
  • CountyNEW HAVEN
  • CityHamden
  • Zip06514
  • Style3updown - Unit(s) per Floor
  • Price$ 525,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3116
  • Lot Size0.12 Acres
Data Source:
Smart MLS
Property Description

Spacious, Fully Rented 3-Family Home with Excellent Income Potential This is an exceptional opportunity to own a spacious, fully rented 3-family home with outstanding income and cash flow. The property has been meticulously maintained and updated over the years, ensuring durability and reduced maintenance costs. Key updates include roof, furnaces, windows, and a modern 100 amp electric service with a house meter and emergency hallway lighting. The first and second units feature beautiful hardwood floors and high ceilings, while the third-floor unit is carpeted for added comfort. Located in a prime area, the home is close to shopping, public transportation, good schools, dining, and entertainment options. Easy access to local highways makes commuting a breeze. Financially, the property generates a monthly income of $46,800 annually, and a cap rate of 8.15%, making it a highly attractive investment opportunity. Whether you are an investor looking to expand your portfolio or a buyer seeking a property with excellent income potential, this fully rented 3-family home is a perfect choice. Schedule a viewing and explore the full potential this property has to offer.

Elementary School Middle School High School
Per Board Of Ed Elementary School Per Board Of Ed Middle School Per Board Of Ed High School
Price History
6/10/2024 Listed $525,000

General Features

Zoning R5
Full Baths 3
Year Built 1920
Neighborhood Highwood
Style 3updown - Unit(s) per Floor
Heater Type Gas on Gas,Hot Air,Hot Water
County New Haven
Property SubType 3 Family
Tax Year July 2023-June 2024
Property Type Multi-Family For Sale
Status Active
Acres 0.12
Directions Dixwell to 3rd St
High School Per Board of Ed
City Hamden
Energy Features Thermopane Windows
Elementary School Per Board of Ed
Sq Ft Total 3116
DOM 14
Year Built Source Public Records

Interior Features

Cooling System Window Unit
Basement Description Full,Full With Hatchway
Total Rooms 14
Hot Water Natural Gas,40 Gallon Tank
Total Bathrooms 3
Total Bedrooms 5
Total Number of Units 3

Exterior Features

Water Source Public Water Connected
Garage Parking None,Off Street Parking,Driveway
Lot Description Level Lot
Color Cream
WaterfrontDescription Not Applicable

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 06514

Price
AVG $450K
$530K
Visits
AVG 121
12
Data Provided by Inside Real Estate®
Year Built
AVG 1919
1920

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