5,778 SF 4 Family

multifamily

5,778 SF 4 Family

206 Lamberton Street
New Haven, Connecticut 06519

Price

$675,000

Price/SF

$116.82/SF

Building Size

5,778 SF

Lot Size

0.12 acres

Year Built

1900

Units

4

Property Description

Outstanding opportunity to own a legal four-family property, with potential for a fifth unit, in New Haven - ideally positioned for investors and owner-occupants alike. This property provides strong rental income with three long-term tenants in place. The property includes one three-family building in front and a separate single-family building in the rear, both situated on the same lot - and it qualifies for FHA financing. The front three-family building offers two 2-bedroom apartments, with the second floor to be delivered vacant, plus a 1-bedroom unit on the third floor. There is also potential to add a fifth unit via the basement, which features front walk-out access. Natural gas heat, a large driveway for off-street parking, and a detached garage further add to the value this unique property offers. Conveniently located near bus lines, public transportation, parks, the library, medical facilities, and recreational amenities, with a level corner lot and city views. A turnkey addition to any portfolio with built-in upside.

Additional Details

Zoning

RM2

MLS Number

24184014

Property ID

2b0a2178-88de-4adc-98cd-39905b09ee86

MLS Information

MLS#: 24184014

Listed by: Align Realty LLC

Agent: Thomas Cody • (203) 913-4120 • tcody@alignrealtyct.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.

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