This spacious 3-family property offers 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 rates 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 offers 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 Lisa Cozzi at Berkshire Hathaway NE Prop.Property Details
Price:
$375,000
MLS #:
24062601
Status:
Under Contract
Beds:
9
Baths:
3
Address:
4 Button
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
na
City:
New Haven
Listed Date:
Dec 3, 2024
State:
CT
Finished Sq Ft:
2,480
ZIP:
06519
Lot Size:
3,484 sqft / 0.08 acres (approx)
Year Built:
1900
See this Listing
Tom Vanacore is a real estate professional who takes his business extremely seriously. His results speak for themselves, as he has a proven action-oriented plan to get your home sold quickly and for the best price possible.
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Schools
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Interior
Exterior
Financial
Map
Community
- Address4 Button New Haven CT
- AreaN/A
- CityNew Haven
- CountyNew Haven
- Zip Code06519
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4 Button
New Haven, CT
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