Two-Family Home with Detached
36 Central Avenue Hamden, CT 06517
For Sale
Under Contract
$569,000
MULTI_FAMILY - Hamden, CT
Property Size2,501 SF
Lot Size0.17 Acres
Price / SF$227.51
Days on Market17
Property Features for 36 Central Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Basement, Bedroom 4, Bedroom 2
- Patio and Porch features
- Patio
- Exterior features
- Porch,Patio
- Basement
- Full, Unfinished
- Standard status
- Active Under Contract
- Size
- 2,501 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 15787
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1920
- Architectural style
- Other
Listing Agency:
Houlihan Lawrence WD
(203) 701-4848
Listed By:
Frank D'Ostilio · License #REB.0789479
(203) 641-7072
Added: Jul 10
Changed: Jul 26
Last Checked: Jul 26 at 11:06PM
MLS# 24187630
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-kept two-family home offers two separate units with practical, tenant-friendly layout. The first-floor unit is tenant occupied and features 3 bedrooms and 1 full bath, while the second-floor unit offers 3 bedrooms and 2 full baths. The home includes hardwood floors, separate entrances, and off-street parking, along with a fenced-in backyard. A two-car detached garage and a brand new roof add to the property’s upkeep.
Located in Hamden, the property is close to Quinnipiac University, shopping, restaurants, and major highways. The property is zoned R4.
With both units configured as multi-bedroom residences and independent access, the building supports flexible occupancy options for an owner-occupant or investor seeking rental income.
Located in Hamden, the property is close to Quinnipiac University, shopping, restaurants, and major highways. The property is zoned R4.
With both units configured as multi-bedroom residences and independent access, the building supports flexible occupancy options for an owner-occupant or investor seeking rental income.
Key Highlights
- Two‑family home built in 1920 with separate entrances and hardwood floors
- First‑floor unit has 3 bedrooms and 1 full bath, tenant occupied for immediate rental income
- Second‑floor unit has 3 bedrooms and 2 full baths
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.5k | $25.80 |
| − Vacancy | −$4.4k | −$1.75 |
| EGI | $60.1k | $24.05 |
| − OpEx | −$18.0k | −$7.21 |
| NOI | $42.1k | $16.83 |
2,501 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$601.4K
$526.2K – $701.6K
NOI $42,097 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$559.6K
$489.7K – $652.9K
NOI $39,172 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$804.5K
$704.0K – $938.6K
NOI $56,316 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit home in Hamden with hardwood floors, separate entrances, off-street parking, and a two-car detached garage.
Where is this duplex located?
The property is located at 36 Central Avenue Hamden, CT.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two‑family home built in 1920 with separate entrances and hardwood floors; First‑floor unit has 3 bedrooms and 1 full bath, tenant occupied for immediate rental income; Second‑floor unit has 3 bedrooms and 2 full baths
