Active

50 Liberty Street

New Haven CT, 06519

$499,999


$183.15 per sqft

Active

7 Beds

3 Baths

2,730 sqft

Multi-family

Built in 1910

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.

24010172

MLS ID

April 13, 2024

Listed

December 18, 2024

Updated

Map

50 Liberty Street
New Haven CT, 06519

Interior Features

Bedrooms

7


Total Bathrooms

3


Full Bathrooms

3


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

Level


Architectual Style

Units on different Floors


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

Per Board of Ed


Elementary School

Per Board of Ed

Other Property Details

Area Name

N/A


Taxes

$5,872


Tax Frequency

Annually


Days on Market

242


Garage

No


Parking

None


View

No


County

New Haven


Water Source

Public


Pool

No


Zoning

RM2

Listing History

Date

Event

Price

11/12/2024

Price change

$499,999

-4%

9/30/2024

Price change

$520,000

-4%

Listed by James Montanaro with Coldwell Banker Realty

Listing Contact: 2035305339 

The IDX display contains information sourced from the  Smart MLS, Inc as of 12/18/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/18/2024 at 5:27 PM UTC

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