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.
Listing courtesy of James Montanaro at Coldwell Banker RealtyProperty Details
Price:
$499,999
MLS #:
24010172
Status:
Active
Beds:
7
Baths:
3
Address:
50 Liberty
Type:
Multi Family
Subtype:
2 Family
Neighborhood:
na
City:
New Haven
Listed Date:
Apr 13, 2024
State:
CT
Finished Sq Ft:
2,730
ZIP:
06519
Lot Size:
2,613 sqft / 0.06 acres (approx)
Year Built:
1910
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
- Address50 Liberty New Haven CT
- AreaN/A
- CityNew Haven
- CountyNew Haven
- Zip Code06519
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50 Liberty
New Haven, CT
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