About 50 Walnut Street
Discover a prime investment opportunity with this 7-family home just steps outside East Rock, New Haven. This property features a mix of one bedroom units, ideal for attracting a range of tenants. The building is well-maintained and boasts a solid rental history, ensuring a stable income stream. With potential for updates and renovations, there's ample opportunity to increase rental rates and property value. East Rock's strong rental demand due to its local amenities and proximity to schools and parks makes this an excellent long-term investment.
Features of 50 Walnut Street
| MLS® # | 24038469 |
|---|---|
| Price | $699,900 |
| Bedrooms | 7 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Square Footage | 3,828 |
| Acres | 0.05 |
| Year Built | 1880 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors, Units are Side-by-Side |
| Status | Under Contract |
Community Information
| Address | 50 Walnut Street |
|---|---|
| Area | N/A |
| City | New Haven |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06511 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete |
School Information
| Elementary | East Rock |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | August 9th, 2024 |
|---|---|
| Days on Market | 93 |
| Zoning | RM2 |
| RE / Bank Owned | No |
Listing Details
| Office | Alpha Capital Realty, LLC |
|---|