Remodeled Two-Family
3 Carmen Street East Haven, CT 06512
3 Carmen Street, East Haven, CT, 06512
$499,000
Pending
For Sale
$499,000
Pending
Fully remodeled two-family duplex with updated kitchens, hardwood floors, and ample parking—well suited for investors or multi-generational living.
Property Size2,484 SF
Days on Market54
Property Features for 3 Carmen Street
General Information
- Standard status
- Pending
- Size
- 2,484 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1967
Listing Agency
William Pitt Sotheby's Int'l
(203) 641-8566
Listed by
Antonella Vertucci · License #RES.0786851
(203) 641-8566
Source
Lockandkeyre
Added: May 28 Updated: Jul 10 at 1:47 pm Checked: Jul 20 at 4:08 am
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 William Pitt Sotheby's Int'l
Investment Insights
Based on property information with market context.
This beautifully remodeled two-family duplex offers a total of 5 bedrooms and 3 bathrooms, with thoughtful updates across both units. Kitchens include new cabinets, granite countertops, and modern appliances, and the home’s former tile flooring has been replaced with hardwood throughout. Two of the three bathrooms have been tastefully renovated for a more current feel. For added peace of mind, the property also features two new oil tanks and updated electrical panels, along with a layout that supports comfortable everyday living.
A two-car attached garage is complemented by room for four additional vehicles in the driveway, plus off-street parking. From a convenient door near the driveway, a breezeway connects both floors, and an enclosed porch opens to a fenced-in backyard with a patio that overlooks a brook often visited by a family of mallards. The property is positioned in a prime, convenient area close to beaches, parks, shopping, restaurants, highways, and transportation.
This setup makes the duplex a practical fit for investors looking for a turn-key rental opportunity or for extended families seeking flexible living arrangements. With updated interiors, reliable mechanicals, and parking for residents and guests, the home is ready for occupants while offering a clear basis for long-term value.
A two-car attached garage is complemented by room for four additional vehicles in the driveway, plus off-street parking. From a convenient door near the driveway, a breezeway connects both floors, and an enclosed porch opens to a fenced-in backyard with a patio that overlooks a brook often visited by a family of mallards. The property is positioned in a prime, convenient area close to beaches, parks, shopping, restaurants, highways, and transportation.
This setup makes the duplex a practical fit for investors looking for a turn-key rental opportunity or for extended families seeking flexible living arrangements. With updated interiors, reliable mechanicals, and parking for residents and guests, the home is ready for occupants while offering a clear basis for long-term value.
Key Highlights
- Fully remodeled two‑family duplex built in 1967 with 5 bedrooms and 3 baths total
- Each unit updated with new kitchen cabinets, granite countertops, and modern appliances
- Removed former tile flooring and installed hardwood floors throughout
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 | $64.1k | $25.80 |
| − Vacancy | −$4.4k | −$1.75 |
| EGI | $59.7k | $24.05 |
| − OpEx | −$17.9k | −$7.21 |
| NOI | $41.8k | $16.83 |
2,484 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$597.3K
$522.6K – $696.8K
NOI $41,810 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$555.8K
$486.3K – $648.4K
NOI $38,906 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$799.0K
$699.2K – $932.2K
NOI $55,933 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully remodeled two-family duplex with updated kitchens, hardwood floors, and ample parking—well suited for investors or multi-generational living.
Where is this duplex located?
The property is located at 3 Carmen Street East Haven, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Fully remodeled two‑family duplex built in 1967 with 5 bedrooms and 3 baths total; Each unit updated with new kitchen cabinets, granite countertops, and modern appliances; Removed former tile flooring and installed hardwood floors throughout
