50 Liberty Street

New Haven, CT 06519

$540,000
Price
7
Beds
3
Baths
2,730 Sq. Ft.
$198 / Sq. Ft.
2,730
Sq. Ft.
$198
per Sq. Ft.

Description

Investing in multi-unit residential properties can be a strategic move for those looking to diversify their investment portfolio. A three-unit building, such as the one described, offers a blend of immediate revenue through rental income and the prospect of asset growth over time. The variety in unit sizes-from two bedrooms on the lower floors to a more spacious three-bedroom unit encompassing the third and fourth floors-caters to different tenant needs, potentially reducing vacancy rates. Regular...Investing in multi-unit residential properties can be a strategic move for those looking to diversify their investment portfolio. A three-unit building, such as the one described, offers a blend of immediate revenue through rental income and the prospect of asset growth over time. The variety in unit sizes-from two bedrooms on the lower floors to a more spacious three-bedroom unit encompassing the third and fourth floors-caters to different tenant needs, potentially reducing vacancy rates. Regular maintenance and updates are critical in preserving the property's value and appeal, which this building seems to have benefitted from. Moreover, the property's ability to accommodate various living arrangements makes it a versatile choice for investors aiming for both short-term gains and long-term capital appreciation.
  1. Listed by James Montanaro • Coldwell Banker Realty
    P: (203) 795-6000 C: (203) 530-5339 james.montanaro@cbmoves.com
  2. Listed by Nick J Mastrangelo • Coldwell Banker Realty
    P: (203) 795-6000 C: (203) 641-2100 nick.mastrangelo@cbmoves.com

Property Details for 50 Liberty Street

Basement Description
Full
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
None
Swimming Pool
No

Location

Listing Courtesy of Coldwell Banker Realty, James Montanaro; Coldwell Banker Realty, Nick J Mastrangelo
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LISTING UPDATED: 05/02/2024 05:55 PM

Property Details for 50 Liberty Street

StatusActive
MLS #24010172
Days on Market42
Taxes$5,674 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1910
Lot Size0.06 AC / 2,613 SF
CountyNew Haven County

Location

Listing Courtesy of Coldwell Banker Realty, James Montanaro; Coldwell Banker Realty, Nick J Mastrangelo
Add your commute

Building Information for 50 Liberty Street

Stories-Residences3Year Built1910Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$3,420 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,947

Property Taxes

$473

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 50 Liberty Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed
  • Latitude: 41.296605
  • Longitude: -72.930509
  • Middle Jr High School: Per Board of Ed
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $5,674
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Finished, Walk-up
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Rooms Total: 15
Property
Property and Assessments
  • Color: Blueish
  • Construction Description: Frame
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1910
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2730
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1250073
  • Sq Ft Est Heated Above Grade: 2730.0
  • Sq Ft Total: 2730.0
  • Zoning: RM2
Utilities
  • Heat Fuel Type: Other
  • Hot Water Description: Other
  • Radon Mitigation Air: Unknown
  • Radon Mitigation Water: Unknown
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Total Number of Units: 3
Unit 1
  • Lease: Leased
  • Lease Expires: 04-24-2024
  • Listing Key: 15FFB939B066F098E0631401100A84A7
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 780
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 05-02-2024
  • Unit Monthly Rent: $1,550
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 02-28-2025
  • Listing Key: 15FFB939B066F098E0631401100A84A7
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1170
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 05-02-2024
  • Unit Monthly Rent: $1,800
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Leased
  • Lease Expires: 11-30-2024
  • Listing Key: 15FFB939B066F098E0631401100A84A7
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 780
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 05-02-2024
  • Unit Monthly Rent: $1,650
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 50 Liberty Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 50 Liberty Street

Taxable ValueLand$19,740Additions$132,790Total$152,530
Tax Record2023$5,674 ($473 / month)
Home Facts
Baths3Total Finished SqFt2,730 SqFtAbove Grade Finished SqFt2,730 SqFtStories3Lot Size2,480 SqFtStyleTriplexYear Built1910ZoningRM2CountyNEW HAVENAPNNHVN M:265 B:0057 L:00200

Schools near 50 Liberty Street

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Clemente Leadership Academy
PublicK to 8

High School in the Community
Public9 to 12

Hill Central Music Academy
PublicPK to 8

John C. Daniels
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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50 Liberty Street is a multi-family home for sale in New Haven, CT 06519. This property was listed for sale on April 13, 2024 by Coldwell Banker Realty, it's currently listed at $540,000. It has been on the market for a total of 42 days and was last sold on September 9, 2021. This listing's school district is New Haven School District. Nearby schools include Clemente Leadership Academy, High School in the Community and Hill Central Music Academy. 50 Liberty Street is a 7-bed, 3-bath, 2,730 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty, James Montanaro; Coldwell Banker Realty, Nick J Mastrangelo

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.