$380,000
$360,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,856 SqFt
SOLD DATE : 02/16/2024
Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $204
MLS Listing ID 170619408
Sold Date 02/16/24
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $5,582
Lot Size 10,018 Sqft
Property Description
ALL OFFERS DUE BY FRIDAY 1/26/2024 This 2-family home goes beyond the ordinary, offering versatile opportunities with two uniquely designed apartments. The first apartment spans two floors, providing 3 bedrooms and 2 full bathrooms, while the second apartment features 2-3 bedrooms and 1 full bath. Positioned amidst new developments, this property is not just a smart investment, boasting a projected cap rate of 9.7%, but also caters to those seeking a home with income potential. Imagine living in one unit and renting the other, potentially subsidizing most or all of your mortgage payment. Conveniently located near the Derby-Shelton train station, Route 34 expansion, and surrounded by growth, including Trolley Point and Cedar Village Minerva Square, this property is a gateway to both investment success and a place to call home.
Location
State CT
County New Haven
Zoning CDD
Rooms
Basement Full, Full With Walk-Out
Interior
Heating Baseboard, Hot Air
Cooling None
Exterior
Garage Off Street Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description City Views, Sloping Lot
Foundation Concrete, 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 Nicole Fiorelli • Coldwell Banker Realty
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Broker | REB.0791464