Invest or owner occupy! 3 family home close to everything you need. Separate and tenant paid utilities make for low ownership expenses. The property features two, 3 bed/1 bath units and one, 2 bed/1 bath unit. There is a detached 3 car garage for additional potential income. This would be a great beginner investment property or addition to your portfolio in a market with competitive rents and central location! Can be purchased as a package with 169 Springdale Ave (MLS# 1705436740).
Multi-familyProperty Type
1900Year Built
0.41 acresLot Size
$167Est. Price/Sq.Ft.
3 spacesParking
Listed by Maddy Ceruti• Berkshire Hathaway NE Prop.
Bought with Maria Bardelli• Douglas Elliman of Connecticut
Source:Smart MLS #170543672
Redfin Estimate
$458,356
$156K since sold in February 2023$14K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.8% higher than the average sale price ($438K) of 6 comparable homes.
Fully rented three family in good condition. All tenants are current with the rent and pay their own utilities. 3-3-2. Large units. Monthly income currently is $3,700. Big yard with three car garage in the back. Convenient location close to downtown, shopping, restaurants, parks, and public transportation. Third floor unit rent is increasing to $850 when the lease is renewed.
Public Records
Nov 4, 2019
Sold
$167,000
$61/sq ft
Smart MLS #N10196606
Jun 5, 2017
Listing Removed
—
Feb 9, 2017
Listed
$135,000
$49/sq ft
Public Records
Oct 7, 2002
Sold
$154,000
$56/sq ft
Smart MLS #N190820
Apr 17, 2002
Listed
$159,000
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$5,623 (+6.0%)
$42,980 + $108,500
$151,480
2022
$5,305 (+9.0%)
$42,980 + $108,500
$151,480
2021
$4,869 (+0.3%)
$48,860 + $63,000
$111,860
2020
$4,856 (+0.9%)
$48,860 + $63,000
$111,860
2019
$4,814 (−0.4%)
$48,860 + $63,000
$111,860
2018
$4,833 (+2.7%)
$48,860 + $63,000
$111,860
2017
$4,705 (+8.8%)
$48,860 + $63,000
$111,860
2016
$4,324 (+5.0%)
$38,010 + $70,910
$108,920
2014
$4,120 (−28.6%)
$38,010 + $70,910
$108,920
2011
$5,771
$54,300 + $101,300
$155,600
Tax history for 198 Broad St
Year
Property tax
Land + Additions
Assessment*
2023
$5,623 (+6.0%)
$42,980 + $108,500
$151,480
2022
$5,305 (+9.0%)
$42,980 + $108,500
$151,480
2021
$4,869 (+0.3%)
$48,860 + $63,000
$111,860
2020
$4,856 (+0.9%)
$48,860 + $63,000
$111,860
2019
$4,814 (−0.4%)
$48,860 + $63,000
$111,860
2018
$4,833 (+2.7%)
$48,860 + $63,000
$111,860
2017
$4,705 (+8.8%)
$48,860 + $63,000
$111,860
2016
$4,324 (+5.0%)
$38,010 + $70,910
$108,920
2014
$4,120 (−28.6%)
$38,010 + $70,910
$108,920
2011
$5,771
$54,300 + $101,300
$155,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
—
Sq. Ft.
2,752
Year built
1900
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1165522
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
R-3
Multiple-Family Residential District
The purpose of this district shall be to provide areas for a range of housing types at a medium density commensurate with the scale and characteristics of the City's older neighborhoods; these are areas with access to major transportation arteries and a range of community services.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service
Educational/school
Park & open space
Property details
Parking
Garage Information
Garage & Parking: Detached Garage, Off Street Parking
Parking Information
Parking Total Spaces: 3
Interior
Virtual Tour Information
Has Virtual Tour
Interior Information
Cooling System: Window Unit
Bathroom Information
# of Baths (Full): 3
Bedroom Information
Beds Total: 8
Room Information
Basement Description: Full With Hatchway, Unfinished
Has Attic
Multi-Unit Information
Unit Count: 3
Total Number of Units: 3
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Wood
Lot Information
Lot Description: Sloping Lot
Building Information
Foundation Type: Stone
Construction Description: Frame
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 3 Family
Living Area SQFT Per Public Record: 2752
Driveway Type: Private
Financial
Assessments Information
Assessed Value: $151,480
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Natural Gas
Heat Type: Baseboard
Heat Fuel Type: Natural Gas
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Nearby Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall
Directions: Use gps
County: New Haven
Public facts
Beds: 8
Baths: 3.0
Sq. Ft.: 2,752
Stories: 3.0
Lot Size: 0.41 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: New Haven County
APN: 1165522
Home facts updated by county records on Jul 13, 2023
Other
Documents & Disclosures
Supplement Count Public: 4
Around this home
Schools
Casimir Pulaski School
Public PreK-5 • Assigned • 0.4mi
5/10
Washington Middle School
Public 6-8 • Assigned • 2.0mi
5/10
Francis T. Maloney High School
Public 9-12 • Assigned • 1.4mi
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
5/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Meriden, CT • 06450
Average low and high temperatures (°F)
34
20
36
22
52
33
61
42
69
51
81
61
85
66
81
60
77
57
65
46
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$436,000 – $528,000
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