Sold for $450,000
$450,000
Hamden, CT 06514
5beds
3,116sqft
Multi Family
Built in 1920
-- sqft lot
$477,600 Zestimate®
$144/sqft
$2,364 Estimated rent
Home value
$477,600
$420,000 - $540,000
$2,364/mo
Zestimate® history
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Owner options
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What's special
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.
Zillow last checked: 8 hours ago
Listing updated: October 14, 2024 at 07:31pm
Listed by:
Julio M. Lopes 203-996-8204,
Encore Premier Properties 203-996-8204
Bought with:
Zenaida Mora
Century 21 Scala Group
Source: Smart MLS,MLS#: 24024025
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas on Gas, Forced Air, Hot Water, Gas In Street, Natural Gas, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Water Heater
- Laundry: In Basement
Features
- Windows: Thermopane Windows
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 3,116
- Total interior livable area: 3,116 sqft
- Finished area above ground: 3,116
Property
Parking
- Total spaces: 2
- Parking features: None, Off Street, Driveway, Private
- Has uncovered spaces: Yes
Lot
- Size: 5,227 sqft
- Features: Level
Details
- Parcel number: 1131629
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3updown - Unit(s) per Floor
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding
- Foundation: Brick/Mortar, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & neighborhood
Community
- Community features: Basketball Court, Near Public Transport, Library, Medical Facilities, Park, Shopping/Mall
Location
- Region: Hamden
- Subdivision: Highwood
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2024 | Sold | $450,000-10%$144/sqft |
Source: | ||
| 8/12/2024 | Price change | $499,900-2%$160/sqft |
Source: | ||
| 7/12/2024 | Price change | $509,900-2.9%$164/sqft |
Source: | ||
| 6/13/2024 | Listed for sale | $525,000$168/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 06514
Nearby schools
GreatSchools rating
- 4/10Helen Street SchoolGrades: PK-6Distance: 0.6 mi
- 4/10Hamden Middle SchoolGrades: 7-8Distance: 2.8 mi
- 4/10Hamden High SchoolGrades: 9-12Distance: 1.8 mi

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