New Listing - 12/03/2024
4 Button Street, New Haven, CT, 06519
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:
3
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:
0
MLS #:
24062601
Community Info
School Info
Walk Score
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Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Lisa Cozzi, Berkshire Hathaway NE Prop. Email: mulveylisa@gmail.com