$290,000
$290,000
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7 Beds
12 Baths
2,894 SqFt
SOLD DATE : 05/14/2021
Key Details
Sold Price $290,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,894 sqft
Price per Sqft $100
MLS Listing ID 170367266
Sold Date 05/14/21
Style 3updown - Unit(s) per Floor
Bedrooms 7
Full Baths 3
Half Baths 9
Year Built 1953
Annual Tax Amount $5,690
Lot Size 10,018 Sqft
Property Sub-Type 3 Family
Property Description
3-Family Investment Property. Gross income $35,400. 2nd floor has 3 bedrooms and is under market rent, has the potential of 1200-1300 per month. if and WHEN the cap rate on this would be at 10.37%. as it stands now it's 8.54% +/-. and cash on cash return of 14.84% +/- at a 25% down payment. all numbers should be independently verified. We are honestly are doing the best we can with estimating water/sewer/insurance. we have a spreadsheet attached with income/expense and will have actual receipts on request for interested buyers. this property has a driveway for off-street parking. Natural Gas and public utilities. the 1st floor is a very large 2 bedroom updated unit at 1200 per month. the second floor is a 3 bedroom unit with a long term tenant at 825 and the 3rd-floor unit is 2 bed at 925 per month. tenant on the first floor has a lease until 5/1 all others are month to month.
Location
State CT
County New Haven
Zoning R-5
Rooms
Basement Hatchway Access
Interior
Heating Hot Air
Cooling None
Exterior
Parking Features Driveway
Garage Spaces 9.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description City Views, Corner Lot
Foundation Block
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Luigi Dipalma • Real Estate Two
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Broker | License ID: REB.0794005