Move-In Condition Triplex on Corner
162 Helen Street, Hamden, CT 06514
New
MULTI_FAMILY - Hamden, CT
Property size:
2,759 SFLot size:
0.17 AcresPrice / SF:
$199/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 3 at 12:06 am
Property Features for 162 Helen Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Basement, Bedroom 5, Bathroom 1
- Parking
- 4
- Patio and Porch features
- Porch
- Exterior features
- Porch-Enclosed,Sidewalk,Porch,Gutters,Garden Area
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 2,759 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 15928
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1920
- Architectural style
- Other
Listing agent Billie D'alessio (203) 239-2228
Listing office HomeRun Realty LLC 2 Church St, North Haven, CT (203) 239-2228
Listing date Jun 2, 2026
MLS# 24180185
Listing URL
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.
HighLights
- 1920‑built 3‑unit multifamily on a corner lot with separate living areas and off‑street parking
- 3 separate utilities with gas and electric, plus 3 laundry hook‑ups in the basement
- Unit #1: living room, dining room, 2 bedrooms, bath, kitchen, and pantry
- Unit #2: living and dining, 2 bedrooms, bath, kitchen, and pantry, plus enclosed front porch and rear open balcony deck
- Unit #3: living room, 1 bedroom, full bath, kitchen, and pantry closet, with rear balcony deck
- Public water and public sewer service; porch and enclosed porch features, with gutters and garden area
Overview
This move-in condition triplex features three separate living configurations with a practical mix of layouts and outdoor space. Each unit includes its own living and kitchen area, with unit-specific bedroom and bathroom arrangements, plus pantry space. Residents also benefit from multiple laundry hook-ups in the basement, and the property is set up with all separate utilities (gas and electric). Off-street parking is available, and the home sits on a corner lot.
Located in Hamden, Connecticut, the property’s corner setting supports straightforward access and day-to-day convenience. The public remarks note proximity to shopping and the business district, as well as nearby bus service. The area is also positioned for renters tied to Southern Connecticut State University and Eli Whitney Technical High School.
With three separate units, this is a solid fit for investors seeking income-producing residential property with individual utility responsibility and in-building laundry hookups. For owner-occupants, the size and unit variety can support flexible living and leasing options, particularly where move-in condition and off-street parking are important. The property is zoned R5, supporting multifamily use in the area.
Located in Hamden, Connecticut, the property’s corner setting supports straightforward access and day-to-day convenience. The public remarks note proximity to shopping and the business district, as well as nearby bus service. The area is also positioned for renters tied to Southern Connecticut State University and Eli Whitney Technical High School.
With three separate units, this is a solid fit for investors seeking income-producing residential property with individual utility responsibility and in-building laundry hookups. For owner-occupants, the size and unit variety can support flexible living and leasing options, particularly where move-in condition and off-street parking are important. The property is zoned R5, supporting multifamily use in the area.
Local 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 | $71.2k | $25.80 |
| − Vacancy | −$4.8k | −$1.75 |
| EGI | $66.3k | $24.05 |
| − OpEx | −$19.9k | −$7.21 |
| NOI | $46.4k | $16.83 |
2,759 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$663.4K
$580.5K – $774.0K
NOI $46,439 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$617.3K
$540.2K – $720.2K
NOI $43,213 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$887.5K
$776.6K – $1.04M
NOI $62,125 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Hamden
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.939692
- Latitude
- 41.347954
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Super spacious three-unit property with separate utilities and multiple laundry hook-ups for convenient, low-hassle tenancy.
Where is this triplex located?
The property is located at 162 Helen Street Hamden, CT.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 1920‑built 3‑unit multifamily on a corner lot with separate living areas and off‑street parking; 3 separate utilities with gas and electric, plus 3 laundry hook‑ups in the basement; Unit #1: living room, dining room, 2 bedrooms, bath, kitchen, and pantry
