Move-In Condition Triplex on Corner
162 Helen Street Hamden, CT 06514
162 Helen Street, Hamden, CT, 06514
$549,900
Pending
For Sale
$549,900
Pending
MULTI_FAMILY - Hamden, CT
Property Size2,759 SF
Lot Size0.17 Acres
Days on Market47
Property Features for 162 Helen Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 4, Basement, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1
- Parking
- 4
- Patio and Porch features
- Porch
- Exterior features
- Porch-Enclosed,Sidewalk,Porch,Gutters,Garden Area
- Basement
- Unfinished, Full
- Standard status
- Pending
- Size
- 2,759 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11200
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1920
- Architectural style
- Other
Listing Agency
HomeRun Realty LLC
(203) 239-2228
2 Church St, North Haven, CT
Listed by
Billie D'alessio
(203) 239-2228
Added: Jun 2 Checked: Jul 18 at 6:06 am
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 3‑unit multifamily on a corner lot with multiple bedrooms and bathrooms across Units 1, 2, and 3
- Each unit has separate utilities (gas & electric)
- Basement offers 3 laundry hook‑ups
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
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: 3‑unit multifamily on a corner lot with multiple bedrooms and bathrooms across Units 1, 2, and 3; Each unit has separate utilities (gas & electric); Basement offers 3 laundry hook‑ups
