Large 3 Family in The Hill neighborhood. Located on a side street off of Lamberton and blocks from Ella T Grasso Boulevard. 2 out of the 3 units are fully occupied with tenants paying below market rent. All units are 3 bedroom. Market rent for 3 bedrooms in the area is $2000+/mth. Ample parking in the rear of the asset and nice rear steps and balconies up to separate entrances to the units. Separate utilities. Fantastic value add opportunity through giving 1st floor unit some TLC and listing at market rent PLUS increasing rents in remaining units. Owner occupy opportunity or bring your own tenants! Property to be sold as-is, where-is.
Garage:
None, Paved, Off Street Parking, Driveway
Basement:
Full, Unfinished, Shared Basement, Concrete Floor
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
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Listing courtesy of Lisa Cozzi, Berkshire Hathaway NE Prop. Email: mulveylisa@gmail.com
4 Button Street, New Haven, CT, 06519
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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