206 Lamberton Street

New Haven CT 06519

5778 sq. ft.

0.12 ac.

Duplex

Currently for sale - view listing

Overview

Outstanding opportunity to own a legal four-family property, with potential for a fifth unit, in New Haven - ideally positioned for investors and owner-occupants alike. This property provides strong rental income with three long-term tenants in place. The property includes one three-family building in front and a separate single-family building in the rear, both situated on the same lot - and it qualifies for FHA financing. The front three-family building offers two 2-bedroom apartments, with the second floor to be delivered vacant, plus a 1-bedroom unit on the third floor. There is also potential to add a fifth unit via the basement, which features front walk-out access. Natural gas heat, a large driveway for off-street parking, and a detached garage further add to the value this unique property offers. Conveniently located near bus lines, public transportation, parks, the library, medical facilities, and recreational amenities, with a level corner lot and city views. A turnkey addition to any portfolio with built-in upside.

Features

8 bedrooms

5 bathrooms

5778 sq. ft. floor area

0.12 ac. lot size

Duplex

Property history for 206 Lamberton Street

2024

Sold

$575,000

09 Oct 2024 by Michael Stroud, of Coldwell Banker Realty

2021

Sold

$265,000

17 Dec 2021

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