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listing
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MultifamilyFor Sale
$499,999
50 Liberty Street
New Haven, CT 06519
Courtesy of Coldwell Banker Realty
MLS: Smart MLS
7Beds
3Baths
2,730Sq Ft
Est. Mortgage
$2,681/mo

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.

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Information courtesy of Coldwell Banker Realty is subject to verification and is not guaranteed. Listing Data Last Updated 11/17/2024 04:44 PM
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