50 Liberty Street New Haven, CT 06519
Listing Courtesy of: SMART MLS / Coldwell Banker Realty / James "Jim" Montanaro / Nicholas "Nick" Mastrangelo

  50 Liberty Street New Haven, CT 06519

Active (206 Days)
$520,000
7
BED
3
BATH
2,730
SQFT

Description

Investing in multi-unit residential properties can be a strategic move for those looking to diversify their investment portfolio. A three-unit building, such as the one described, offers a blend of immediate revenue through rental income and the prospect of asset growth over time. The variety in unit sizes-from two bedrooms on the lower floors to a more spacious three-bedroom unit encompassing the third and fourth floors-caters to different tenant needs, potentially reducing vacancy rates. Regular maintenance and updates are critical in preserving the property's value and appeal, which this building seems to have benefitted from. Moreover, the property's ability to accommodate various living arrangements makes it a versatile choice for investors aiming for both short-term gains and long-term capital appreciation.

MLS #:
24010172
Taxes
$5,872(2024)
Lot Size
2,614 SQFT
Type
Multifamily
Year Built
1910
Style
Units on Different Floors
County
New Haven County
Community
N/a

Listed By

James "Jim" Montanaro, Coldwell Banker Realty
Nicholas "Nick" Mastrangelo, Coldwell Banker Realty
Source
SMART MLS
Last checked Nov 12 2024 at 12:40 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Lot Information
  • Level Lot
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Hot Air
  • None
Basement Information
  • Full
Exterior Features
  • Aluminum
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Public Sewer Connected
  • Fuel: Other
School Information
  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
Garage
  • None
Living Area
  • 2,730 sqft

Listing Brokerage Notes
Buyer Brokerage Compensation: 2.5%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 18, 2024
Price Changed
$520,000
-4%
-20,000
Apr 13, 2024
Original Price
$540,000
-
-
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