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Remodeled Two-Family Home

3 Carmen Street East Haven, CT 06512

Claim this Listing
Pending
$499,000

MULTI_FAMILY - East Haven, CT

Property size:
2,484 SF
Lot size:
0.22 Acres
Added:
May 29, 2026
Days on Market:
47
Last Refresh:
Jul 14 at 8:06 am

Property Features for 3 Carmen Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 3, Bedroom 5, Basement, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1
Parking
4
Patio and Porch features
Patio
Exterior features
Porch-Enclosed,Breezeway,Shed,Fruit Trees,Porch,Patio
Basement
Concrete, Full
Standard status
Pending
Size
2,484 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
7062

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard
Cooling system
Central Air
Water source
Private
Water front
1

Building Details

Year built
1967
Architectural style
Other

Listing agent Antonella Vertucci License #RES.0786851

Listing office William Pitt Sotheby's Int'l 696 Boston Post Road, Stamford, CT

Listing date May 29, 2026

MLS# 24179280 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 remodeled two-family home features a total of 5 bedrooms and 3 baths. It presents an opportunity for investors or extended families seeking flexible living space. Both units have been updated with new kitchen cabinets, granite countertops, and modern appliances. The former tile flooring has been replaced with hardwood floors, and two of the three bathrooms have been renovated. The home also features two new oil tanks and updated electrical panels. A two-car attached garage, plus space for four additional cars in the driveway and off-street parking, provides ample parking. A door near the driveway leads into a breezeway connecting both floors, as well as an enclosed porch that opens to the fenced-in backyard with a patio overlooking a brook. Located in a convenient area close to beaches, parks, shopping, restaurants, highways, and transportation, this property is located in East Haven, CT. The property is situated on a 0.22-acre lot. The property size is 2484 square feet. The zoning is R-1.

Key Highlights

  • Two‑family home with 5 total bedrooms and 3 bathrooms
  • Both units updated with new kitchen cabinets, granite countertops, and modern appliances
  • Former tile flooring removed; replaced with hardwood floors

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 (±1% cap)
NOI $41,810 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$555.8K
$486.3K – $648.4K (±1% cap)
NOI $38,906 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$799.0K
$699.2K – $932.2K (±1% cap)
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

Suggested Use

Real Estate Agency Auto Parts Store Skin Care Clinic Garden Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Gym & Fitness Center HVAC Service Spa & Massage Center Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated two-family home with modern amenities and convenient location.
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: Two‑family home with 5 total bedrooms and 3 bathrooms; Both units updated with new kitchen cabinets, granite countertops, and modern appliances; Former tile flooring removed; replaced with hardwood floors
Contact an agent
More about this property
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