Button Street
New Haven, Connecticut
$375,000 Price
9 Bedrooms  

Contract Signed

This spacious 3-family propertys provides significant upside potential, located just off Lamberton and a short walk from Ella T. Grasso Boulevard. 2/3 units are already occupied with long-term tenants, both paying below-market rents. All units are a whopping 3-bedrooms. Current market rents for similar units in the area exceeding...

This spacious 3-family propertys provides significant upside potential, located just off Lamberton and a short walk from Ella T. Grasso Boulevard. 2/3 units are already occupied with long-term tenants, both paying below-market rents. All units are a whopping 3-bedrooms. Current market rents for similar units in the area exceeding $2,000/month!! With ample off-street parking, separate utilities for each unit, and rear balconies with independent entrances, this property is primed for a strategic investor looking to capitalize on New Haven's growing rental market. With some TLC, the first-floor unit is ready for a new tenant-- that coupled with increasing rents in occupied units gives you a quick path to the incredible proforma cap of 13+%! Whether you're an investor looking to reposition the asset or considering it as a live-in investment, this property is being sold as-is, where-is, -- Updated properties in the area have sold for over $480k!

Listing courtesy of Berkshire Hathaway Ne Prop

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Monthly Real Estate Tax:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Contract Signed
New Haven, Connecticut
Type: House
Price: $375,000
Re Tax: $5,657
Approx. sqft: 2,480 sf
Web ID: 24062601

Info & Amenities

Type: Multi Family
Rooms: 18.0
Bedrooms: 9
Bathrooms: 3.0
Built: 1900