91 Spring Street
$379,000
7
3
2,530
2,530
$150
Description
This 3-unit multifamily investment presents a strategic opportunity for investors looking to unlock significant value. With two 2-bedroom units and one 3-bedroom unit, and tenant-paid utilities, the property offers immediate potential for equity growth. Two vacant units provide a chance for targeted renovations, allowing investors to enhance the property and bring rents to market levels. Recent closed comparables, such as 64 Spring St at $425k, 18 Dewitt St at $485k, and 246 Columbus Ave at $510k,...This 3-unit multifamily investment presents a strategic opportunity for investors looking to unlock significant value. With two 2-bedroom units and one 3-bedroom unit, and tenant-paid utilities, the property offers immediate potential for equity growth. Two vacant units provide a chance for targeted renovations, allowing investors to enhance the property and bring rents to market levels. Recent closed comparables, such as 64 Spring St at $425k, 18 Dewitt St at $485k, and 246 Columbus Ave at $510k, indicate a $46k-$131k value gap, making this asset an attractive investment with substantial upside.
- Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.P: (860)-215-3634 C: (860)-215-3634 mulveylisa@gmail.com
- Listed by Tyler DeVecchis • Berkshire Hathaway NE Prop.P: (860)-633-3674 C: (860)-966-9217 tylerdevecchisrealtor@gmail.com
Property Details for 91 Spring Street
Basement Description
Full
Direct WaterfrontNo
NeighborhoodN/A
StyleUnits on different Floors
Garage Parking InfoNone
Swimming PoolNo
LISTING UPDATED: 10/23/2024 04:07 PM
Property Details for 91 Spring Street
Status | Active |
---|---|
MLS # | 24034994 |
Days on Market | 119 |
Taxes | $5,611 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 3 Family |
Year Built | 1900 |
Lot Size | 0.05 AC / 2,178 SF |
County | New Haven County |
Building Information for 91 Spring Street
Stories-Residences3Year Built1900Building Size-Lot Size0.05 AC / 2,178 SF
Property Information for 91 Spring Street
Property History for 91 Spring Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 91 Spring Street
Taxable ValueLand$18,200Additions$127,540Total$145,740
Tax Record2024$5,611 ($468 / month)
Home Facts
Baths3Total Finished SqFt2,530 SqFtAbove Grade Finished SqFt2,530 SqFtStories3Lot Size2,178 SqFtStyleTriplexYear Built1900ZoningRM2CountyNEW HAVENAPNNHVN M:265 B:0052 L:01200
Schools near 91 Spring Street
This home is within New Haven School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Hill Central Music Academy PublicPK to 8 | ||
Riverside Educational Academy Public9 to 12 | ||
Clemente Leadership Academy PublicK to 8 | ||
Betsy Ross Arts Magnet School Public5 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.
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