$550,000
$575,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,599 SqFt
SOLD DATE : 12/20/2024
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,599 sqft
Price per Sqft $211
MLS Listing ID 24018319
Sold Date 12/20/24
Style Units on different Floors
Bedrooms 6
Full Baths 3
Year Built 1920
Annual Tax Amount $10,829
Lot Size 0.330 Acres
Property Description
Presenting a distinguished investment opportunity near Quinnipiac University, this property is a newly listed three-family residence boasting approximately 2,599 square feet of living space. Situated on Washington Avenue, the location is a mere 3.2 miles or a 7-minute drive from the university's main campus, offering convenient access to I-91, the Merritt Parkway, and the renowned Sleeping Giant State Park, celebrated for its picturesque hiking trails and vistas. Proximity to essential shopping and services further enhances this property's appeal. The architectural layout of each unit encompasses two bedrooms, one full bathroom, a welcoming living room, and a well-appointed kitchen. Additional amenities include a basement featuring laundry facilities, a two-car detached garage, a spacious backyard, and ample off-street parking. This property represents a lucrative rental income stream, with leases in place through June 30, 2025, and a current monthly rent of $5,100. It stands as an exceptional investment that promises a robust return, epitomizing the term "absolute cash cow."
Location
State CT
County New Haven
Zoning T3
Rooms
Basement Full
Interior
Heating Hot Air
Cooling None
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Craig Armistead • Berkshire Hathaway NE Prop.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "