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Legal Four-Family Residential Income
For Sale
$650,000
Pending

206 Lamberton Street, New Haven, CT 06519

Legal four-family property with separate front three-family and rear single-family buildings on one lot.

Property Size5,778 SF
Days on Market85

Property Features for 206 Lamberton Street

General Information

Standard status Pending
Size 5,778 SF
Property subtype 4 Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1900
Listing Agency: Align Realty LLC
Listed By: Thomas Cody · License #REB.0793301
Source: Lockandkeyre
Added: Jun 15 Changed: Aug 12 Last Checked: Aug 11 at 6:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Align Realty LLC

Investment Insights

Based on property information with market context.

This legal four-family residential income property includes two separate structures on the same lot: a front three-family building and a rear single-family building. The front building features two 2-bedroom apartments, with the second-floor unit planned to be delivered vacant, as well as a 1-bedroom unit on the third floor. The rear structure is a separate single-family building.

The basement has front walk-out access and may offer the potential to add a fifth unit. The property is heated with natural gas and includes a large driveway for off-street parking, along with a detached garage. Set on a level corner lot with city views, it is positioned near bus lines and public transportation, as well as parks, the library, medical facilities, and recreational amenities.

Key Highlights

  • Legal 4‑family property (built 1900) on one lot with a separate front 3‑family building and rear single‑family building
  • Front building: two 2‑bedroom apartments plus a 1‑bedroom unit; second floor to be delivered vacant
  • Three long‑term tenants in place, supporting existing rental income

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Plumbing Service Accounting Firm Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,106
Businesses Nearby

Demographics for 06519, CT

15,450
Population
6,424
Households
2.4
Avg Household Size
33
Median Age
20%
College-Educated
77%
High-School Grad
1.8 sq mi
ZIP Area
8,583
Density / Sq Mi
$44,394
Median Household Income
$29,745
Median Earnings
$1,356
Median Rent
$247,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Legal four-family property with separate front three-family and rear single-family buildings on one lot.
Where is this quadplex located?
The property is located at 206 Lamberton Street New Haven, CT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Legal 4‑family property (built 1900) on one lot with a separate front 3‑family building and rear single‑family building; Front building: two 2‑bedroom apartments plus a 1‑bedroom unit; second floor to be delivered vacant; Three long‑term tenants in place, supporting existing rental income
More about this property
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