Active
50 Liberty Street
New Haven CT, 06519
$540,000
$197.80 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
August 23, 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
118
Garage
No
Parking
None
View
No
County
New Haven
Water Source
Public
Pool
No
Zoning
RM2
Listed by James Montanaro with Coldwell Banker Realty
Listing Contact: 2035305339
The IDX display contains information sourced from the Smart MLS, Inc as of 8/23/2024. 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.
©2024 Smart MLS, Inc all rights reserved.
Data last updated on 8/23/2024 at 11:31 AM UTC