151 Read Street Active Save Request In-Person Tour Request Virtual Tour
New Haven,CT 06511
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,735 sqft
Price per Sqft $105
MLS Listing ID 24100744
Style Units on different Floors
Bedrooms 6
Full Baths 2
Year Built 1920
Annual Tax Amount $5,856
Lot Size 4,356 Sqft
Property Sub-Type 2 Family
Property Description
Multi-Family Investment Opportunity in Newhallville - Near Albertus Magnus College! This fully occupied two-family property offers strong potential in a growing rental market. The first-floor unit features 2 bedrooms and 1 bathroom, currently rented for $1,000/month. The second-floor unit includes 4 bedrooms and 1 bathroom, with a monthly rent of $1,200. Both tenants are long-term and month-to-month, presenting an excellent chance for rental income growth-rents are likely below market value. The property is conveniently located close to schools and public transportation. Whether you're a seasoned investor or just getting started, this is a great opportunity to capitalize on an up-and-coming neighborhood and a competitive rental market. Bring your vision and unlock the property's full potential! Sold as-is. May not qualify for FHA or VA financing.
Location
State CT
County New Haven
Zoning RM1
Rooms
Basement Full,Shared Basement,Storage,Hatchway Access,Interior Access,Concrete Floor
Interior
Heating Hot Air
Cooling Window Unit
Exterior
Exterior Feature Sidewalk,Awnings,Garden Area
Parking Features None,Off Street Parking
Waterfront Description Not Applicable
Roof Type Shingle
Building
Lot Description Level Lot
Foundation Brick,Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed