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16-18 3rd Street Hamden, CT 06514
- Other / Resale (MLS)
Property Details for 16-18 3rd Street, Hamden, CT 06514
Features
- Price/sqft: $160
- Total Rooms: 10
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Laundry
- Heating: Hot Water Heating
Facts
- Year Built: 01/01/1920
- Property ID: 891464884
- MLS Number: 24024025
- Property Type: Other
- County: NEW HAVEN
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Back on market buyer unable to secure finance!!! Spacious, Fully Rented 3-Family Home with Excellent Income Potential. This is an exceptional opportunity to own a spacious, fully rented 3-family home with outstanding income and cash flow. The property has been meticulously maintained and updated over the years, ensuring durability and reduced maintenance costs. Key updates include roof, furnaces, windows, and a modern 100 amp electric service with a house meter and emergency hallway lighting. The first and second units feature beautiful hardwood floors and high ceilings, while the third-floor unit is carpeted for added comfort. Located in a prime area, the home is close to shopping, public transportation, good schools, dining, and entertainment options. Easy access to local highways makes commuting a breeze. Financially, the property generates a monthly income of $51600 annually, and a cap rate of 7.05%, making it a highly attractive investment opportunity. Whether you are an investor looking to expand your portfolio or a buyer seeking a property with excellent income potential, this fully rented 3-family home is a perfect choice. Units are on month to month status. Schedule a viewing and explore the full potential this property has to offer. Inspection for buyers information only.
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Property Brokerage:
Julio Lopes
996 dixwell ave p.o. box 4493
Killingworth
CT
6419
Copyright © 2024 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.