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$ 439,900
Est. payment | /mo
8 Beds
3 Baths
3,207 SqFt
$ 439,900
Est. payment | /mo
8 Beds
3 Baths
3,207 SqFt
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,207 sqft
Price per Sqft $137
MLS Listing ID 24065561
Style 3updown - Unit(s) per Floor
Bedrooms 8
Full Baths 3
Year Built 1908
Annual Tax Amount $2,211
Lot Size 3,920 Sqft
Property Description
34 Plaza Ave presents a wonderful investment opportunity for both investors and owner-occupants. This fully occupied, well-maintained 3-unit building has spacious, high-demand apartments with significant rental upside potential. The property features two 3-bedroom units on the first and second floors, along with a 2-bedroom unit on the third floor. Each apartment is generously sized, with extra rooms that can be used for home offices, storage, or additional living space. With separate, tenant-paid utilities, the building ensures low management overhead and better cost control for the owner. The property benefits from low taxes and operating expenses, further enhancing its appeal as an investment. Currently generating solid rental income, the property still has room for rent increases, providing excellent potential for future appreciation and higher returns. With an 8 percent CAP, this building is a prime opportunity for investors looking for strong returns. It is also ideal for owner-occupants who wish to live in one of the units while earning income from the others. This rare opportunity combines great cash flow, occupancy, and low expenses-making it an ideal purchase for any real estate portfolio. Don't miss out-schedule a walk-through today!
Location
State CT
County New Haven
Zoning RM
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Hot Water
Cooling Window Unit
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Zachary Burnett • Sky Realty Group
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Ilka Torres
Broker | License ID: REB.0794005