171 Morse Street Hamden, CT 06517

Building Details

Year Built

1940

Listing Agency Dalvis Realty d***@dalvisrealestate.com Show Phone

Listed by Dallas A Davis · License #REB.0795689 Show Phone

Source Compass

Added: Mar 13 Checked: Jul 17 at 5:51 am

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Investment Insights

Based on property information with market context.

Located in Hamden, this legal three-family home offers a value-add multifamily opportunity. The property features spacious units with tall ceilings. It includes a detached three-car garage, paved off-street parking, and a private yard. A newer roof has been installed. The property provides just under 4,000 square feet of living space. The layouts are conducive to strong future rents once modernized. The current month-to-month tenancies and below-market rents present an opportunity for income growth through renovation and rent repositioning. This property is suitable for investors or owner-occupants seeking long-term appreciation and income growth through strategic improvements.

Key Highlights

• Legal 3‑Family Home: Provides immediate rental income potential and long‑term investment opportunity.
• Value‑Add Opportunity: Below‑market rents and flexible tenancies allow for immediate income growth.
• Spacious Units with Tall Ceilings: Offers comfortable living spaces.

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FAQs

What type of property is this?

Triplex - Spacious three-family home with value-add potential in Hamden.

Where is this triplex located?

The property is located at 171 Morse Street Hamden, CT.

What is the asking price?

The asking price for this property is $469,000.

What are key features of this property?

This property features: Legal 3‑Family Home: Provides immediate rental income potential and long‑term investment opportunity.; Value‑Add Opportunity: Below‑market rents and flexible tenancies allow for immediate income growth.; Spacious Units with Tall Ceilings: Offers comfortable living spaces.