94 days on market
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4 Button Street, New Haven CT 06519

Current Price: $380,000

9 beds 3 baths 2480 sq. ft

Last Update: 11/23/2024

Property Type: Multi-Family For Sale

Public Remarks

This spacious 3-family property offers significant upside potential, located just off Lamberton and a short walk from Ella T. Grasso Boulevard. 2/3 units are already occupied with long-term tenants, both paying below-market rents. All units are a whopping 3-bedrooms. Current market rates for similar units in the area exceeding $2,000/month!! With ample off-street parking, separate utilities for each unit, and rear balconies with independent entrances, this property is primed for a strategic investor looking to capitalize on New Havens growing rental market. With some TLC, the first-floor unit is ready for a new tenant-- that coupled with increasing rents in occupied units offers you a quick path to the incredible proforma cap of 13+%! Whether youre an investor looking to reposition the asset or considering it as a live-in investment, this property is being sold as-is, where-is, -- Updated properties in the area have sold for over $480k!

Map to Property at 4 Button Street, New Haven CT 06519


GPS Friendly

Residential Property Information for 4 Button Street, New Haven CT 06519

MLS #: 24041236

Style: Units on different Floors

Color:

Total Rooms:

Bedrooms: 9

Bathrooms: 3

Acres: 0.08

Year Built: 1900 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $5,657

Zoning: RM2

Mil Rate:

Assessed Value: $146,930 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 2480; below grade sq feet total is ; total sq ft is 2480

Features
Fireplaces: 0
Attic: Access Via Hatch
Basement Desc.: Full,Unfinished,Shared Basement,Concrete Floor
Exterior Siding: Vinyl Siding
Foundation: Concrete
Roof: Asphalt Shingle
Driveway Type: Private
Garage/Parking Type: None,Paved,Off Street Parking,Driveway
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Occupied: Tenant
Utility Information

Hot Water System Other

Heat Type: Gas on Gas

Fueled By: .

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $380,000

Original List Price: $385,000

DOM: 94

Listing Date: 8/21/2024

Last Updated: 10/16/2024 2:25:19 PM

Listing Agent and Broker

List Agent Name: Lisa Cozzi

List Office Name: Berkshire Hathaway NE Prop.