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  • $450,000

    377 Peck Street, New Haven, CT 06513

    5beds
    2,128sqft
    Multi Family
    Built in 1997
    -- sqft lot
    $4,831,800 Zestimate®
    $211/sqft
    $2,930 Estimated rent

    What's special

    Investing in multi-unit residential properties indeed presents a unique opportunity for portfolio diversification and wealth generation. The immediate cash flow from rental income provides a steady stream of revenue, which can be particularly attractive during periods of market volatility. Additionally, the potential for asset appreciation over time can result in significant capital gains. The varying unit sizes in a two-unit building allow for flexibility in tenant demographics, which can lead to lower vacancy rates and a broader appeal in the rental market. Strategic updates and regular maintenance not only preserve but can enhance the property's value, making it an attractive proposition for both current income and future resale. It's a tangible asset that, with proper management, can yield substantial returns while providing housing solutions-a fundamental need in any community.

    Zillow last checked: 7 hours ago

    Listing updated: October 01, 2024 at 02:30am

    Listed by:

    James Montanaro,

    Coldwell Banker Realty,

    Regional Properties Team at Coldwell Banker Realty,

    Coldwell Banker Realty

    Bought with:

    Santiago Jaraba Chacon, REB.0795313

    eRealty Advisors, Inc.

    Buyer Agent: Santiago Jaraba Chacon, Co-Buyer Agent: Christopher Cruz

    eRealty Advisors, Inc.

    Source: Smart MLS,MLS#: 24010226MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Hot Water, Natural Gas, Oil
    Cooling
    • None
    Appliances
    • Included: Water Heater
    • Laundry: In Basement
    Features
    • Basement: Full
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 2,128
    • Total interior livable area: 2,128 sqft
    • Finished area above ground: 2,128

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 6,098 sqft
    • Features: Level
    Details
    • Parcel number: 1243996
    • Zoning: IH

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: New Haven
    Services availability
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