$525,000
$525,000
For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
4 Baths
5,390 SqFt
SOLD DATE : 03/11/2024
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,390 sqft
Price per Sqft $97
MLS Listing ID 170609584
Sold Date 03/11/24
Style Units on different Floors,4sides - Units Are Side-by-Side
Bedrooms 12
Full Baths 4
Year Built 1920
Annual Tax Amount $16,378
Lot Size 0.370 Acres
Property Sub-Type 4 Family
Property Description
**Investment Opportunity** Here's a strategic opportunity combining immediate returns with long-term stability. Whether you're a seasoned investor or a newcomer eager to step into real estate, this property beckons. 4-unit property is a haven for investors, boasting full occupancy, a sprawling lot, and off-street parking for added convenience. All units are currently occupied, ensuring a steady and immediate return on investment. Situated on a generous lot, 111 Helen Street provides not just a place to live but ample space for outdoor activities or future expansions, adding intrinsic value. The property offers a diverse rental income, with units rented at $1,800, $1,600, and $1,275 per month. The seller's unit can be rented for $1,600. With tenants in place for 10 and 5 years, the property showcases stability and the potential for lasting relationships with reliable tenants. In summary, this is a standout investment with full occupancy, attractive rental incomes, and a seller's unit ready for occupancy. Don't miss the chance to step into a world of investment and witness passive income. Schedule your viewing today.
Location
State CT
County New Haven
Zoning R5
Rooms
Basement Full, Concrete Floor, Storage
Interior
Heating Radiator, Steam
Cooling Window Unit
Exterior
Exterior Feature Porch
Parking Features Driveway, Paved, Off Street Parking
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Darrell Hardy • Houlihan Lawrence WD
