4 Button Street
New Haven,
Connecticut
06519
- For Sale
- 9 Bedrooms
- 3 Full Baths
- 2480 SqFt
- Year Built 1900
- Multi Family
- ML# 24041236
Property Details
Overview
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!
Key Facts
- •SqFt: 2480.00
- •Style: Units on different Floors
- •Lot Size: 0.08
- •Lot Sq Ft: 2480
- •Zoning: RM2
- •Construction Materials: No/Resale
- •Building Size: 2480
- •Parking Spaces: Yes
- •Parking Spaces: 3
- •Parking Facilities: None, Paved, Off Street Parking, Driveway
- •Waterfront Desc: Not Applicable
- •Bedroom: 9
- •Full Bath: 3
- •Heat: Gas on Gas
- •A/C: None
- •Water: Public Water Connected
- •Sewer: Public Sewer Connected
Listing Information provided courtesy of
Berkshire Hathaway NE Prop.
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