Investing in multi unit residential properties can be a strategic move for those looking to diversify their investment portfolio.


Property

Website:https://www.nestseekers.com/3519459
Address:
50 Liberty
New Haven, CT 06519
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 7 BR
Bathrooms: 3
Pets: Pets Unknown
Area: 2730 sq ft

Financials

Price: $540,000
Annual Taxes: $5,674

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.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School - Per Board of Ed

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Courtesy of James Montanaro of Coldwell Banker Realty

50 Liberty New Haven CT 06519 USA