429 Poplar Street

New Haven, Connecticut 06513

Status
For Sale
Square Feet
2,539
Beds
5
Price
$365,000
Type
Multi-Family For Sale
Garages
Baths
3
MLS
24081062

Price

$365,000

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Interior Details

Interior Size
2,539 Sq Ft
Bedrooms
5
Bathrooms
3
Rooms Total
Garage

Exterior Details

Lot Size
0.08 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$6,595
Assessed Value
$171,290
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

Unlock the potential of this value-add 3-unit asset in Fair Haven. Featuring two spacious 2-bedroom units and one 1-bedroom, tenants are currently month-to-month and paying below market rents-creating immediate upside. Rental comps in the area show 2-bedrooms at $1,650 and 1-bedrooms at $1,200, offering plenty of room to increase cash flow. Inside, you'll find oak kitchen cabinets, durable tile flooring, and updated bathrooms with modern tile finishes. Vinyl siding, newer replacement windows, and separate tenant-paid utilities keep expenses low and efficiency high. Outside, a fenced backyard adds extra appeal for tenants. Located minutes from highways and downtown amenities, this property is primed for appreciation and stronger returns with some light cosmetic TLC. Don't miss out on this solid three-unit opportunity with built-in equity and serious rent growth potential.
Listed by Century 21 AllPoints Realty, Lisa Cozzi. Data sourced from SmartMLS


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