377 Peck Street New Haven, CT 06513
Investing in multi-unit residential properties indeed presents a unique opportunity for portfolio diversification and wealth generation. The immediate cash flow from rental income provides a steady stream of revenue, which can be particularly attractive during periods of market volatility. Additionally, the potential for asset appreciation over time can result in significant capital gains. The varying unit sizes in a two-unit building allow for flexibility in tenant demographics, which can lead to lower vacancy rates and a broader appeal in the rental market. Strategic updates and regular maintenance not only preserve but can enhance the property's value, making it an attractive proposition for both current income and future resale. It's a tangible asset that, with proper management, can yield substantial returns while providing housing solutions-a fundamental need in any community.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyNew Haven
- Taxes$5,823
- HOA/Condo/Coop Fees$0
- Days on Site43 Days
- MLS StatusActive
- MLS ID Number24010226
- Home Size Source Public Records
- Year Built1997
- Lot Size0.14 Acres
- Full Baths2
- Partial Baths1
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General Features
- Style Units are Side-by- Side
- Construction Vinyl Siding
- Parking None
- Sewer Public Sewer
- Basement Full
- Acreage 0.14
- Water Public
- Property Sub Type Duplex
- Garage Spaces 0
- Foundation Concrete Perimeter
- Zoning IH
Interior Features
- Cooling None
- Heating Natural GasOilHot Water
- Fireplaces 0
- Laundry Features Basement Hook- Up(s)
Exterior Features
- Roof Asphalt
- Waterfront Property No
- Waterfront Features Not Applicable
- Lot Level Lot