Investors take Notice! Fully occupied three family with amazing $4650 per month rent roll. The first floor apartment has been renovated throughout and featuring the perfect 5 room layout with amazing natural wood work and new vinyl flooring. The apartment has a remodeled eat in kitchen with new appliances, white appliances, subway tile backsplash and new countertops. The apartment is currently being used as a 3 bedroom apartment and has a remodeled tile bath. The second floor apartment is the same 5 room layout as the first floor, but has not been recently renovated. The apartment features large fully appliance eat in kitchen, formal living room & dining room with great natural light The third floor apartment features a bright and airy remodeled 3 bedroom, 1 bath apartment. The apartment features new kitchen, new bathroom, skylight and three spacious bedrooms with one remodeled bath. The building has all separate utilities, huge basement for storage, spacious backyard and 2 car garage. City of New Haven is currently doing a two year phase in for taxes. The city is currently in year one.
Multi-familyProperty Type
1910Year Built
5,662 sq ftLot Size
$164Est. Price/Sq.Ft.
1 car garageParking
Listed by John Hill• Seabury Hill REALTORS
Bought with Daniel Lussier• William Raveis Real Estate
Source:Smart MLS #170494295
Redfin Estimate
$530,141
$130K since sold in August 2022$18K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10.4% higher than the average sale price ($480K) of 6 comparable homes.
Good cap rate investment opportunity in this legal 3 family building. Beautiful fenced yard, good size kitchens, large windows, two car garage, gas heat, separate utilities per unit. Recently renovated third floor. Layout of each apartment displays 3 bedrooms on first, second and third floor. Property is currently producing $3,075 in rents per month. Walk 5 minutes to train station, 10 minutes to Downtown New Haven, close to I-95 and I-91, school, colleges, universities, hospitals and shopping. Property to be sold “As-Is”. Please schedule a showing with a Real Estate agent.
Agent to agent remarks: Public records show this property as 6 bedrooms, tenants on first, second floor and third floor use the living room as a bedroom. Living room has a door. Please be patient when requesting a showing, as your clients could see only common areas and basement first; and maybe the third floor. First and second floor will be shown upon an offer being submitted and negotiated”
Year
Property tax
Land + Additions
Assessment*
2023
$6,231 (−11.1%)
$24,010 + $143,500
$167,510
2022
$7,006 (+50.2%)
$24,010 + $152,250
$176,260
2021
$4,666
$20,650 + $85,680
$106,330
2020
$4,666 (+2.1%)
$20,650 + $85,680
$106,330
2019
$4,570
$20,650 + $85,680
$106,330
2018
$4,570 (+11.1%)
$20,650 + $85,680
$106,330
2017
$4,113 (+24.0%)
$20,650 + $85,680
$106,330
2016
$3,316
$11,830 + $67,970
$79,800
2014
$3,316 (+1.8%)
$11,830 + $67,970
$79,800
2011
$3,256
$11,830 + $67,970
$79,800
Tax history for 128 Spring St
Year
Property tax
Land + Additions
Assessment*
2023
$6,231 (−11.1%)
$24,010 + $143,500
$167,510
2022
$7,006 (+50.2%)
$24,010 + $152,250
$176,260
2021
$4,666
$20,650 + $85,680
$106,330
2020
$4,666 (+2.1%)
$20,650 + $85,680
$106,330
2019
$4,570
$20,650 + $85,680
$106,330
2018
$4,570 (+11.1%)
$20,650 + $85,680
$106,330
2017
$4,113 (+24.0%)
$20,650 + $85,680
$106,330
2016
$3,316
$11,830 + $67,970
$79,800
2014
$3,316 (+1.8%)
$11,830 + $67,970
$79,800
2011
$3,256
$11,830 + $67,970
$79,800
*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
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
5,663 Sq. Ft.
Year renovated
—
Sq. Ft.
3,238
Year built
1910
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1251173
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2023.
RM2
High-Middle Density District
These districts exist for the protection of areas that have been and are being developed predominantly for high-middle density dwellings of various types. Accordingly, the use of land and buildings within these areas is limited in general to dwellings at a density of about 22 dwelling units per acre, and to such non-residential uses as generally support and harmonize with a middle density area. The non-residential uses permitted in RM-2 Districts, subject to adequate conditions and safeguards, are hereby found and declared to be the only appropriate such uses for such areas. It is hereby found and declared, further, that these regulations are necessary to the protection of these areas and that their protection is essential to the maintenance of a balanced community of sound residential areas of diverse types. All RM-2 Districts are subject to the general provisions for residence districts set forth in Article IV as well as to all other provisions of this ordinance.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Office-Other
Fire house
Police station
Post office
Park & open space
Property details
Parking
Garage Information
Garage & Parking: Detached Garage
Garages Number: 1
Interior
Virtual Tour Information
Has Virtual Tour
Bathroom Information
# of Baths (Full): 3
Bedroom Information
Beds Total: 9
Room Information
Basement Description: Full, Unfinished
Has Attic
Attic Description: Crawl Space
Multi-Unit Information
Unit Count: 3
Total Rooms Multi Family: 15
Total Number of Units: 3
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Aluminum, Other
Exterior Features: Sidewalk
Lot Information
Lot Description: Level Lot
Building Information
Foundation Type: Concrete
Construction Description: Frame
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 3 Family
Living Area SQFT Per Public Record: 3238
Driveway Type: Private
Financial
Assessments Information
Assessed Value: $176,260
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Natural Gas
Heat Type: Hot Air
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: Public Transportation, Shopping/Mall, Walk to Bus Lines
Directions: Howard Avenue to Spring Street
County: New Haven
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,238
Stories: 3.0
Lot Size: 5,663 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: —
County: New Haven County
APN: 1251173
Home facts updated by county records on Jul 12, 2023
Other
Documents & Disclosures
Supplement Count Public: 3
Around this home
Schools
Hill Central Music Academy
Public PreK-8 • Assigned • 0.1mi
3/10
Wilbur Cross High School
Public 9-12 • Assigned • 2.5mi
1/10
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, 16 days in 30 years
6/10 Wind Factor
58% 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
New Haven, CT • 06519
Average low and high temperatures (°F)
35
24
37
25
50
35
60
44
68
53
79
63
84
70
80
63
75
60
66
49
55
40
40
28
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 4.5 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$504,000 – $610,000
Reach more buyers when you sell with Redfin. Save up to $5,301 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.