Listing Courtesy of: SMART MLS / Coldwell Banker Realty / James "Jim" Montanaro / Nicholas "Nick" Mastrangelo

50 Liberty Street New Haven, CT 06519

Active (27 Days)

$540,000

BED

BATH

2,730

SQFT

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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.

MLS #:
24010172

Taxes
$5,674(2023)

Lot Size
2,614 SQFT

Type
Multifamily

Year Built
1910

Style
Units on Different Floors

County
New Haven County

Community
N/a

Listed By

James "Jim" Montanaro, Coldwell Banker Realty
Nicholas "Nick" Mastrangelo, Coldwell Banker Realty

Source
SMART MLS
Last checked May 17 2024 at 8:15 AM GMT+0000

Bathroom Details

Full Bathrooms: 3

Lot Information

Level Lot

Property Features

Foundation: Concrete

Heating and Cooling

Hot Air
None

Basement Information

Full

Exterior Features

Aluminum
Roof: Asphalt Shingle

Utility Information

Sewer: Public Sewer Connected
Fuel: Other

School Information

Elementary School: Per Board of Ed
Middle School: Per Board of Ed
High School: Per Board of Ed

Garage

None

Living Area

2,730 sqft

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Last Updated: 5/17/24 01:15

50 Liberty Street New Haven, CT 06519

Listed By

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