Close Price

$550,000

Status

Closed

Type

Multi-Family

Beds

6

Baths

3

Sq. Ft.

2,599

Built

1920

Acres

0.33

$ / Sq. Ft.

$212

FeeKeeper

219

Style

Units on different Floors

Taxes

$10,829

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

Presenting a distinguished investment opportunity near Quinnipiac University, this property is a newly listed three-family residence boasting approximately 2,599 square feet of living space. Situated on Washington Avenue, the location is a mere 3.2 miles or a 7-minute drive from the university's main campus, offering convenient access to I-91, the Merritt Parkway, and the renowned Sleeping Giant State Park, celebrated for its picturesque hiking trails and vistas. Proximity to essential shopping and services further enhances this property's appeal. The architectural layout of each unit encompasses two bedrooms, one full bathroom, a welcoming living room, and a well-appointed kitchen. Additional amenities include a basement featuring laundry facilities, a two-car detached garage, a spacious backyard, and ample off-street parking. This property represents a lucrative rental income stream, with leases in place through June 30, 2025, and a current monthly rent of $5,100. It stands as an exceptional investment that promises a robust return, epitomizing the term "absolute cash cow."

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$11,500

$550,000 • 2.00%

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Questions

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(860) 310-1255

Brokered By

Ralph Lewis, Coldwell Banker Realty

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