Two-Family Home with Detached Garage

36 Central Avenue Hamden, CT 06517

Claim this Listing
New
For Sale
$569,000

MULTI_FAMILY - Hamden, CT

Property size:
2,501 SF
Lot size:
0.17 Acres
Price / SF:
$227/SF
Added:
Jul 10, 2026
Days on Market:
3
Last Refresh:
Jul 12 at 11:06 am

Property Features for 36 Central Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 3, Bedroom 6, Basement, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5
Patio and Porch features
Patio
Exterior features
Porch,Patio
Basement
Unfinished, Full
Standard status
Active
Size
2,501 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
15787

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1920
Architectural style
Other

Listing agent Frank D'Ostilio License #REB.0789479

Listing office Houlihan Lawrence WD 117 River Street, Milford, CT

Listing date Jul 10, 2026

MLS# 24187630 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 well-kept two-family home offers two separate units with practical, tenant-friendly layout. The first-floor unit is tenant occupied and features 3 bedrooms and 1 full bath, while the second-floor unit offers 3 bedrooms and 2 full baths. The home includes hardwood floors, separate entrances, and off-street parking, along with a fenced-in backyard. A two-car detached garage and a brand new roof add to the property’s upkeep.

Located in Hamden, the property is close to Quinnipiac University, shopping, restaurants, and major highways. The property is zoned R4.

With both units configured as multi-bedroom residences and independent access, the building supports flexible occupancy options for an owner-occupant or investor seeking rental income.

Key Highlights

  • Two‑family home built in 1920 with separate entrances and hardwood floors
  • First‑floor unit has 3 bedrooms and 1 full bath, tenant occupied for immediate rental income
  • Second‑floor unit has 3 bedrooms and 2 full baths

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 $64.5k $25.80
− Vacancy −$4.4k −$1.75
EGI $60.1k $24.05
− OpEx −$18.0k −$7.21
NOI $42.1k $16.83
2,501 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$601.4K
$526.2K – $701.6K (±1% cap)
NOI $42,097 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$559.6K
$489.7K – $652.9K (±1% cap)
NOI $39,172 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$804.5K
$704.0K – $938.6K (±1% cap)
NOI $56,316 @ 7.0% cap · market cap 9.90%
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 Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Acupuncture Cafe & Coffee Shop

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

FAQs

What type of property is this?
Duplex - Two-unit home in Hamden with hardwood floors, separate entrances, off-street parking, and a two-car detached garage.
Where is this duplex located?
The property is located at 36 Central Avenue Hamden, CT.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two‑family home built in 1920 with separate entrances and hardwood floors; First‑floor unit has 3 bedrooms and 1 full bath, tenant occupied for immediate rental income; Second‑floor unit has 3 bedrooms and 2 full baths
Contact an agent
More about this property
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