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$399,000
Est. payment /mo
6 Beds
2 Baths
2,272 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,272 sqft
Price per Sqft $175
MLS Listing ID 24218314
Style Units on different Floors
Bedrooms 6
Full Baths 2
Year Built 1890
Annual Tax Amount $4,814
Lot Size 7,405 Sqft
Property Sub-Type 2 Family
Property Description
Excellent opportunity to add an income-producing two-family property to your investment portfolio. This multifamily property offers established tenancy, separate tenant-paid utilities, and the potential for increased income over time. Each unit is equipped with its own Navien heating system, installed in 2025, providing independent heating and added efficiency. Fully occupied with tenant paid utilities, this property offers an appealing investment opportunity with manageable operating expenses and future upside. Even more attractive, 42 N First St can be purchased individually or as a package with the neighboring property at 38 N First St, presenting a unique opportunity to acquire two adjoining multifamily properties and expand your investment portfolio.
Location
State CT
County New Haven
Zoning R-3
Rooms
Basement Full, Full With Hatchway
Interior
Heating Hot Water
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Michael Doherty • eXp Realty
Nearby Locations
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