71 Houston Street Under Contract

New Haven,CT 06513

$ 500000

5 Beds

2 Baths

2296 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,296 sqft

Price per Sqft $217

MLS Listing ID 24131925

Style Units on different Floors

Bedrooms 5

Full Baths 2

Year Built 1900

Annual Tax Amount $7,047

Lot Size 6,534 Sqft

Property Sub-Type 2 Family

Property Description

This spacious property features 5 bedrooms and 2 full bathrooms across two updated units, each with its own private deck overlooking the backyard. Both units have been tastefully remodeled with modern kitchens, refreshed flooring, and contemporary finishes throughout, making them truly turn-key for tenants or owner-occupants alike. Tenants enjoy the convenience of separate utilities, a finished lower-level room, and ample off-street parking, including a rare three-car detached garage-a huge advantage in New Haven. The property currently generates $4,300 per month in rental income, providing an excellent opportunity for investors seeking a stabilized, cash-flowing asset or homeowners looking to offset their mortgage with rental income. Located in the desirable Fair Haven neighborhood, this property offers quick access to major highways, local restaurants, parks, and downtown New Haven. It's also minutes from Yale University, Quinnipiac University, and area hospitals-ensuring strong long-term rental demand.

Location

State CT

County New Haven

Zoning RM1

Rooms

Basement Full,Full With Walk-Out

Interior

Heating Hot Water

Cooling None

Exterior

Parking Features Detached Garage,Paved,Driveway

Garage Spaces 3.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Fair Haven

High Schools Wilbur Cross

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