Price Reduced 3.70%

$520,000 ($190.48 per sqft)

Est. Mortgage $2,629/mo *

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Price History

$540,000
4/13/2024

$520,000
9/18/2024

50 Liberty Street, New Haven, CT, 06519

50 Liberty Street, New Haven, CT, 06519
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15 rooms

7 beds

3 Full baths

1910

Units on different Floors

2,730 sqft

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.

Status:

Active

Type:

Multi-family

Units:

3

Zoning:

RM2

Heating:

Hot Air

Cooling:

None

Basement:

Full

Acreage:

0.06

Est. Taxes:

$5,872

Assessment

$152,530

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

Middle School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

197

MLS #:

24010172

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of James Montanaro, Coldwell Banker Realty Email: james.montanaro@cbmoves.com