50 Liberty Street , New Haven, CT 06519
New Haven, CT 06519
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.
Details
| MLS# | 24010172 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Status | Active |
| Year | 1910 |
| Days On Site | 173 |
| Listing Provided By | Coldwell Banker Realty | James Montanaro |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,730 |
| Basement | Y |
| Units | 3 |
| Zoning | RM2 |
| Acreage | 0.06 |
| Water Front | Yes |
Market Activity 06519
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Learn More About This Property
| State | CT |
|---|---|
| County | New Haven |
| City | New Haven |
| Zip Code | 06519 |
| Area | New Haven |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| Middle School | Per Board of Ed |
| High School | Per Board of Ed |
| Listing VS Median (in 06519) | |
Price: $520,000 low | high Med: $288,000 SqFt: 2,730 low | high Med: 1,860 $ / SqFt: $190 low | high Med: $155 On Site: 173 low | high Med: 52.000000 | |