FOR SALE
$440,000

377 Peck Street
New Haven, CT 06513

Duplex, Multi-Family
Residential
5
Beds
2
Baths
+
1 Half
2,128
Sq. Ft.
0.14
Acre Lot
Courtesy: James Montanaro - Coldwell Banker Realty
Agent Websites> Connecticut> New Haven> 06513
Investing in multi-unit residential properties indeed presents a unique opportunity for portfolio diversification and wealth generation. The immediate cash flow from rental income provides a steady stream of revenue, which can be particularly attractive during periods of market volatility. Additionally, the potential for asset appreciation over time can result in significant capital gains. The varying unit sizes in a two-unit building allow for flexibility in tenant demographics, which can lead to lower vacancy rates and a broader appeal in the rental market. Strategic updates and regular maintenance not only preserve but can enhance the property's value, making it an attractive proposition for both current income and future resale. It's a tangible asset that, with proper management, can yield substantial returns while providing housing solutions-a fundamental need in any community.
24010226
Duplex, Multi-Family, Other
5
New Haven
2 Full/1 Half
1997
0.14 Acres
Public
Vinyl siding
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Courtesy: James Montanaro - Coldwell Banker Realty
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