Town Plot, turn key 3-family + 1 car-detached oversized garage for sale with 18% ROI. The property consist of (3) large, 5 room units with 2 bed, EIK, LR, DR = approx 1,100 SF each - the property is 100% occupied. The property has vinyl siding, all new windows - all 3 floors, new garage roof + newer building roof (8 yrs old, w/3 tab roof shingles). The units have various updates including kitchens, baths, flooring, fixtures and paint. There are washer/dryer hookups in each apartment. The utilities are separate and tenant paid – with updated electrical to circuit breakers. There is gas & electric heat + gas for hot water and cooking. There is off-street parking + a driveway with oversized 1 car-detached garage. Value add opportunity to increase rents 9.5+% CAP. This is a LOW expense + LOW maintenance option to start investing or to add to your portfolio. This can also be purchased as part of a larger portfolio.
Multi-familyProperty Type
1920Year Built
4,356 sq ftLot Size
$129Est. Price/Sq.Ft.
1 car garageParking
Listed by Amanda Faroni-Sheehan• Vanguard Private Client Grp
Bought with Cameron Norfleet• Century 21 AllPoints Realty
Source:Smart MLS #170374618
Redfin Estimate
$428,324
$234K since sold in June 2021$28K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.7% lower than the average sale price ($440K) of 6 comparable homes.
Sold as is this property is eligible uder the freddie mac first look initiative through 8-19-14 for owner occupnat offers copper missing bring a flashlight
*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
4,356 Sq. Ft.
Year renovated
1967
Sq. Ft.
3,315
Year built
1920
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1380988
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 30, 2024.
RM
Medium Density Multi-Family Residential District
The RM District is established to provide for a variety of housing choices and limited nonresidential uses. The District allows for moderate density multi-family residences, townhouses, and Residential Campus Developments. Uses and Conditional Accessory Uses are permitted by Zoning Permit, Special Permit, or Special Exception approval as provided in of these Regulations.
Permitted uses
Include but are not limited to:
No uses permitted by right
Property details
Parking
Garage Information
Garage & Parking: Detached Garage, Driveway, Off Street Parking