Price Reduced 1.30%

$380,000 ($153.23 per sqft)

Est. Mortgage $2,020/mo *

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Price History

$385,000
8/21/2024

$380,000
10/16/2024

4 Button Street, New Haven, CT, 06519

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18 rooms

9 beds

3 Full baths

1900

Units on different Floors

2,480 sqft

This spacious 3-family property offers significant upside potential, located just off Lamberton and a short walk from Ella T. Grasso Boulevard. 2/3 units are already occupied with long-term tenants, both paying below-market rents. All units are a whopping 3-bedrooms. Current market rates for similar units in the area exceeding $2,000/month!! With ample off-street parking, separate utilities for each unit, and rear balconies with independent entrances, this property is primed for a strategic investor looking to capitalize on New Haven's growing rental market. With some TLC, the first-floor unit is ready for a new tenant-- that coupled with increasing rents in occupied units offers you a quick path to the incredible proforma cap of 13+%! Whether you're an investor looking to reposition the asset or considering it as a live-in investment, this property is being sold "as-is, where-is," -- Updated properties in the area have sold for over $480k!

Status:

Active

Type:

Multi-family

Units:

Zoning:

RM2

Garage:

None, Paved, Off Street Parking, Driveway

Heating:

Gas on Gas

Cooling:

None

Basement:

Full, Unfinished, Shared Basement, Concrete Floor

Parking:

3-car

Acreage:

0.08

Est. Taxes:

$5,657

Assessment

$146,930

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

MLS #:

24041236

Community Info

School Info

Walk Score

Mass Transit

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Price History

4 Button Street, New Haven, CT, 06519

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