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Buy a multi-family propertyat 73 Frank Street, New Haven, CT 06519

$379,000

$0/mo

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Multifamily

347 Days on market

170569309 MLS ID

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About 73 Frank Street multi-family property

This incredible 3-unit asset is located in the historical Hill neighborhood of New Haven. This is perfect for an owner-occupied buyer or Investor. The asset features 3, 2 bedroom/1 bathroom units at 843 SF each. The 1st floor is rented for $995 monthly and the 3rd floor is rented for $1095 and tenants pay utilities. Lease Status: Unit 1-M2M Unit 3-12/31/23 Similar units in quality condition in this area rent up to $1450! The 2nd floor is ready. Property has 3 furnaces, 3 hot water heaters, newer windows, parking for one car, and a fenced in backyard! AGENTS PLEASE READ AGENT to AGENT REMARKS!
This incredible 3-unit asset is located in the historical Hill neighborhood of New Haven. This is perfect for an owner-occupied buyer or Investor. The asset features 3, 2 bedroom/1 bathroom units at 843 SF each. The 1st floor is rented for $995 monthly and the 3rd floor is rented for $1095 and tenants pay utilities. Lease Status: Unit 1-M2M Unit 3-12/31/23 Similar units in quality condition in this area rent up to $1450! The 2nd floor is ready. Property has 3 furnaces, 3 hot water heaters, newer windows, parking for one car, and a fenced in backyard! AGENTS PLEASE READ AGENT to AGENT REMARKS!

Property details

Attic Information

Yes

Basement

Full

Unfinished

Storage

Bathrooms

3 full bathrooms

3 total bathrooms

Bedrooms

6 bedrooms

House

New Construction Type: No/Resale

Built in 1900

3updown - Unit(s) per Floor

Community

Health Club

Medical Facilities

Park

Public Transportation

Shopping/Mall

Walk to Bus Lines

Cooling

None

Expenses

Gross Annual Expense: 12515

Exterior Features

Gutters

Lighting

Porch

Porch-Enclosed

Sidewalk

Vinyl Siding

Foundation

Concrete

Heating

Natural Gas

Hot Air

Income

Gross Annual Income: 39420

Net Operating Income: 24934

Location

Neighborhood: N/A

Lot

0 acres

Level Lot

Possession

Possession Availability: Negotiable

Property

2216 heated sqft above grade

2216 total sqft

3 units

Not Applicable

Roof

Asphalt Shingle

Schools

Elementary School: Per Board of Ed

High School: Per Board of Ed

Sewer

Public Sewer Connected

Public Sewer In Street

Utilities

Fuel Tank Location: Non Applicable

Hot Water: Natural Gas

Monthly cost

Estimated monthly cost

$2,851/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$356,260

+$11,370

$367,630

Seller agent commission$11,370 (3%)*

$0 (0%)

Buyer agent commission$11,370 (3%)*

$11,370 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $11,370 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Jun 14, 2023 at 5:47 p.m.

Courtesy of Lisa Cozzi, Berkshire Hathaway NE Prop..
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Listing Information © 2024 SmartMLS, Inc. All Rights Reserved.

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