Outstanding opportunity to own a legal four family property, with potential for a fifth unit, in New Haven ideally positioned for investors and owner occupants alike.


Property

Website:https://www.nestseekers.com/5571232
Address:
206 Lamberton
New Haven, CT 06519
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 8 BR
Bathrooms: 5
Area: 5778 sq ft

Financials

Price:$675,000
Annual Taxes:$8,053

Description

Outstanding opportunity to own a legal four-family property, with potential for a fifth unit, in New Haven - ideally positioned for investors and owner-occupants alike. This property provides strong rental income with three long-term tenants in place. The property includes one three-family building in front and a separate single-family building in the rear, both situated on the same lot - and it qualifies for FHA financing. The front three-family building offers two 2-bedroom apartments, with the second floor to be delivered vacant, plus a 1-bedroom unit on the third floor. There is also potential to add a fifth unit via the basement, which features front walk-out access. Natural gas heat, a large driveway for off-street parking, and a detached garage further add to the value this unique property offers. Conveniently located near bus lines, public transportation, parks, the library, medical facilities, and recreational amenities, with a level corner lot and city views. A turnkey addition to any portfolio with built-in upside.

Amenities

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

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Thomas Cody of Align Realty LLC