Off market oct 2024 for $450K

$541,945

Est. refi paymentEst. refi $871/mo

•

3,116

sq ft

16-18 3rd St, Hamden, CT 06514

About this home

Back on market buyer unable to secure finance!!! Spacious, Fully Rented 3-Family Home with Excellent Income Potential. This is an exceptional opportunity to own a spacious, fully rented 3-family home with outstanding income and cash flow. The property has been meticulously maintained and updated over the years, ensuring durability and reduced maintenance costs. Key updates include roof, furnaces, windows, and a modern 100 amp electric service with a house meter and emergency hallway lighting. The first and second units feature beautiful hardwood floors and high ceilings, while the third-floor unit is carpeted for added comfort. Located in a prime area, the home is close to shopping, public transportation, good schools, dining, and entertainment options. Easy access to local highways makes commuting a breeze. Financially, the property generates a monthly income of $51600 annually, and a cap rate of 7.05%, making it a highly attractive investment opportunity. Whether you are an investor looking to expand your portfolio or a buyer seeking a property with excellent income potential, this fully rented 3-family home is a perfect choice. Units are on month to month status. Schedule a viewing and explore the full potential this property has to offer. Inspection for buyers information only.

Multi-familyProperty Type

1920Year Built

5,227 sq ftLot Size

$174Est. Price/Sq.Ft.

2 spacesParking

Listed by Julio Lopes • Encore Premier Properties

Bought with Zenaida Mora • Century 21 Scala Group

Source:Smart MLS #24024025

Redfin Estimate

$541,945

$92K since sold in October 2024$7,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.4% higher than the average sale price ($505K) of 6 comparable homes.

SOLD AUG 25, 2026
$426,400
A
6 beds3 baths2,448 sq ft
22 Helen St, Hamden, CT 06518
SOLD AUG 26, 2026
$590,000
B
6 beds3 baths3,492 sq ft
21 Scott St, Hamden, CT 06514
SOLD AUG 7, 2026
$501,300
C
6 beds3 baths2,880 sq ft
51 Gorham Ave, Hamden, CT 06514
SOLD SEP 11, 2026
$515,000
D
5 beds3 baths2,652 sq ft
60 Gorham Ave, Hamden, CT 06514
SOLD AUG 10, 2026
$555,600
E
5 beds3 baths2,759 sq ft
162 Helen St, Hamden, CT 06514
SOLD OCT 26, 2026
$440,000
F
4 beds2 baths3,220 sq ft
1052 Dixwell Ave, Hamden, CT 06514

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Earn from this home

Sell

$161,753

Est. take-home

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Refinance

Est. cash available

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Market trends in 06514, CT

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.0%

0.6% MoM

Median sale price

$349K

$2K MoM

Avg. days on market

64d

13 days MoM

Recently sold homes

10 MoM

New listings for sale

COMING SOON
$439,900
3 beds1.5 baths2,092 sq ft
1175 Dunbar Hill Rd, Hamden, CT 06514
NEW 17 HRS AGO
$359,900
3 beds1.5 baths1,155 sq ft
709 Pine Rock Ave, Hamden, CT 06514
$529,000
5 beds2 baths2,204 sq ft
136 Second St, Hamden, CT 06514
$420,000
4 beds2 baths1,645 sq ft
Hamden, CT 06514
$289,900
3 beds1 bath988 sq ft
355 Belden Rd, Hamden, CT 06514
$440,000
4 beds2 baths2,618 sq ft
90 North St, Hamden, CT 06514
$425,000
6 beds3 baths4,568 sq ft
63 Gorham Ave, Hamden, CT 06514
$335,000
3 beds1.5 baths1,376 sq ft
14 Dante Pl, Hamden, CT 06514
$349,900
3 beds1 bath1,042 sq ft
55 Plains Rd, Hamden, CT 06514
$329,900
3 beds1.5 baths2,296 sq ft
1818 Dixwell Ave, Hamden, CT 06514
See all

Provided by Redfin

Sale history for 16-18 3rd St

Date

Event

Price

Smart MLS #24024025

Oct 14, 2024

Sold

$450,000

$144/sq ft

Sep 17, 2024

Contingent

—

Aug 12, 2024

Price Changed

$499,900

$160/sq ft

Jul 11, 2024

Price Changed

$509,900

$164/sq ft

Jun 13, 2024

Listed

$525,000

$168/sq ft

Jun 10, 2024

Coming Soon

$525,000

$168/sq ft

Smart MLS #N10197115

Apr 3, 2017

Listing Removed

—

Feb 12, 2017

Listed

$289,900

$93/sq ft

Smart MLS #N10038198

Dec 1, 2015

Listing Removed

—

Apr 21, 2015

Listed

$289,900

$93/sq ft

Public Records

Dec 17, 1997

Sold

$111,000

$36/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$10,557 (+1.6%)

$25,690 + $161,560

$187,250

2022

$10,389 (+5.8%)

$25,690 + $161,560

$187,250

2021

$9,823 (+42.0%)

$25,690 + $161,630

$187,320

2020

$6,917 (+6.4%)

$28,560 + $104,510

$133,070

2019

$6,502 (+1.9%)

$28,560 + $104,510

$133,070

2018

$6,382 (+6.0%)

$28,560 + $104,510

$133,070

2017

$6,023 (−0.2%)

$28,560 + $104,510

$133,070

2016

$6,036 (+7.4%)

$28,560 + $104,510

$133,070

2014

$5,621 (+2.5%)

$44,940 + $95,830

$140,770

2011

$5,482

$44,940 + $95,830

$140,770

Tax history for 16-18 3rd St

Year

Property tax

Land + Additions

Assessment*

2023

$10,557 (+1.6%)

$25,690 + $161,560

$187,250

2022

$10,389 (+5.8%)

$25,690 + $161,560

$187,250

2021

$9,823 (+42.0%)

$25,690 + $161,630

$187,320

2020

$6,917 (+6.4%)

$28,560 + $104,510

$133,070

2019

$6,502 (+1.9%)

$28,560 + $104,510

$133,070

2018

$6,382 (+6.0%)

$28,560 + $104,510

$133,070

2017

$6,023 (−0.2%)

$28,560 + $104,510

$133,070

2016

$6,036 (+7.4%)

$28,560 + $104,510

$133,070

2014

$5,621 (+2.5%)

$44,940 + $95,830

$140,770

2011

$5,482

$44,940 + $95,830

$140,770

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,227

Year renovated

—

Sq. Ft.

3,116

Year built

1920

Style

Multi-Family (2-4 Unit)

County

New Haven County

APN

1131629

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

Green

Last updated by owner on Jul 31, 2026.

Property details

Parking

Garage Information
Garage & Parking: Off Street Parking, Driveway

Parking Information
Parking Total Spaces: 2

Interior

Interior Information
Total Rooms: 14
Laundry Room Location: Lower Level Basement
Laundry Room Info: Basement Hook-Up(s)
Lighting
Cooling System: Window Unit

Bathroom Information
# of Baths (Full): 3

Bedroom Information
Beds Total: 5

Room Information
Basement Description: Full, Full With Hatchway

Multi-Unit Information
Total Rooms Multi Family: 14
Total Number of Units: 3

Exterior

Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Aluminum

Lot Information
Lot Description: Level Lot

Building Information
Foundation Type: Brick, Stone
Construction Description: Frame
Color: Cream

Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 3 Family
Living Area SQFT Per Public Record: 3116
Driveway Type: Private, Crushed Stone

Financial

Assessments Information
Assessed Value: $187,250

Utilities

Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Natural Gas, 40 Gallon Tank
Heat Type: Gas on Gas, Hot Air, Hot Water
Heat Fuel Type: Gas In Street, Natural Gas, Oil
Fuel Tank Location: In Basement
Energy Features: Thermopane Windows

Location

School Information
Middle Jr High School: Per Board of Ed
Intermediate School: Per Board of Ed
High School: Per Board of Ed
Elementary School: Per Board of Ed

Location Information
State: Connecticut
Nearby Amenities: Basketball Court, Commuter Bus, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
Directions: Dixwell to 3rd St
County: New Haven

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 3,116
Stories: 3.0
Parking Spaces: 2
Basement: Yes
Accessible: No
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: —
County: New Haven County
APN: 1131629
HOA Dues: —
Garage: No
Features: Green

Home facts updated by owner on Jul 31, 2026

Other

Documents & Disclosures
Supplement Count Public: 2

Listing Information
Has Home Warranty Offered

Around this home

Schools

Helen Street School

Public PreK-6 • Assigned • 0.6mi

4/10

Hamden Middle School

Public 7-8 • Assigned • 2.8mi

4/10

Hamden High School

Public 9-12 • Assigned • 1.8mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 99° expected this year, 17 days in 30 years

6/10 Wind Factor

53% chance of strong winds in next 30 years

5/10 Air Factor

6 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Hamden, CT • 06514

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$515,000 – $624,000

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Nearby similar homes

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New listings for sale in 06514

COMING SOON

$439,900

3 beds1.5 baths2,092 sq ft

1175 Dunbar Hill Rd, Hamden, CT 06514

0.65 acres • Brick fireplace • Hardwood floors

NEW 17 HRS AGO

$359,900

3 beds1.5 baths1,155 sq ft

709 Pine Rock Ave, Hamden, CT 06514

Remodeled in 2017 • 9,147 sq ft lot • Built 1949

$529,000

5 beds2 baths2,204 sq ft

136 Second St, Hamden, CT 06514

New windows • New siding • Stylish backsplash

$420,000

4 beds2 baths1,645 sq ft

Hamden, CT 06514

Cozy fireplace • Granite countertops • Formal dining room

$289,900

3 beds1 bath988 sq ft

355 Belden Rd, Hamden, CT 06514

Hot water heater • Oil tank • Furnace

$440,000

4 beds2 baths2,618 sq ft

90 North St, Hamden, CT 06514

New roof • Corner lot • 9,147 sq ft lot

$425,000

6 beds3 baths4,568 sq ft

63 Gorham Ave, Hamden, CT 06514

Hardwood floors • Immediate occupancy • 4,791 sq ft lot

$335,000

3 beds1.5 baths1,376 sq ft

14 Dante Pl, Hamden, CT 06514

Wood fireplace • Back deck • Built in sink

$349,900

3 beds1 bath1,042 sq ft

55 Plains Rd, Hamden, CT 06514

Renovated kitchen • Finished basement • New windows

Home values near 16-18 3rd St

Data from public records.

Address	Redfin Estimate
22 3rd St, Hamden, CT - Beds \| - Baths \| 3492 Sq. Ft.	$389,183
13 3rd St, Hamden, CT 6 Beds \| 3 Baths \| 3331 Sq. Ft.	$530,561

Address	Redfin Estimate
34 3rd St, Hamden, CT 3 Beds \| 1 Baths \| 2297 Sq. Ft.	$315,446
21 3rd St, Hamden, CT 6 Beds \| 3 Baths \| 3391 Sq. Ft.	$432,415

Address	Redfin Estimate
17 3rd St, Hamden, CT 4 Beds \| 2 Baths \| 3181 Sq. Ft.	$500,339
44 3rd St, Hamden, CT 3 Beds \| 1.5 Baths \| 1344 Sq. Ft.	$315,584

Property information provided by Smart MLS when last listed in 2024. This data may not show owner updates. Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 06514, CT

Sale history for 16-18 3rd St

Tax history for 16-18 3rd St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 06514

Home values near 16-18 3rd St

More real estate resources