Two-Family Residential Income
For Sale
$525,000
56 , Hamden, CT 06514
Two occupied units offer a flexible owner-occupant or investor setup in a well-maintained Hamden two-family home.
Property Size2,900 SF
Price / SF$181.03
Days on Market79
Property Features for 56
General Information
Standard status
Active
Size
2,900 SF
Property subtype
2 Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1932
Listing Agency:
Roundtree Realty LLC
(475) 227-4312
Listed By:
Jacob Mochkin · License #RES.0834521
(347) 981-0571
Source:
Lockandkeyre
Added: Jul 20
Changed: Oct 4
Last Checked: Oct 5 at 7:38PM
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 Roundtree Realty LLC
Investment Insights
Based on property information with market context.
This well-maintained two-family home is set up as a flexible residential income property, with two separate units that are currently occupied. The first unit is a spacious 2-bedroom, 1-bath layout. The second unit is a larger 4-bedroom, 2-bath configuration.
The property is located in Hamden and described as conveniently situated near shopping, restaurants, parks, schools, public transportation, and major highways, providing easy access to New Haven and surrounding areas.
With both units producing rental income and a layout that accommodates different living needs, the building offers straightforward options for an investor looking to add to a portfolio or an owner-occupant seeking on-site rental support.
The property is located in Hamden and described as conveniently situated near shopping, restaurants, parks, schools, public transportation, and major highways, providing easy access to New Haven and surrounding areas.
With both units producing rental income and a layout that accommodates different living needs, the building offers straightforward options for an investor looking to add to a portfolio or an owner-occupant seeking on-site rental support.
Key Highlights
- Two‑family home built in 1932 in a Hamden neighborhood
- Unit mix: one 2‑bedroom/1‑bath unit and one 4‑bedroom/2‑bath unit
- Both units are currently occupied by tenants, providing immediate rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,422
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,440
$908.4K
Cap Rate 7%
$648,886
$648.9K
Cap Rate 9%
$504,689
$504.7K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$88.0K $30.36/SF
− Vacancy
−$5.5K −$1.88/SF
EGI
$82.6K $28.48/SF
− OpEx
−$37.2K −$12.81/SF
NOI
$45.4K $15.66/SF
Area
New Haven, CT
Vacancy
6.20%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,440
Cap Rate 7%
$648,886
Cap Rate 9%
$504,689
Alternative Uses
Best Use
Multifamily LT 5
$697.3K
$610.2K – $813.6K
NOI $48,813 @ 7.0% cap · market cap 9.30%
Second Best
Apartment 5plus
$648.9K
$567.8K – $757.0K
NOI $45,422 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$932.9K
$816.3K – $1.09M
NOI $65,300 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 06514, CT
26,613
Population
11,388
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
11.1 sq mi
ZIP Area
2,398
Density / Sq Mi
$85,227
Median Household Income
$46,594
Median Earnings
$1,633
Median Rent
$250,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units offer a flexible owner-occupant or investor setup in a well-maintained Hamden two-family home.
Where is this duplex located?
The property is located at 56 Hamden, CT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑family home built in 1932 in a Hamden neighborhood; Unit mix: one 2‑bedroom/1‑bath unit and one 4‑bedroom/2‑bath unit; Both units are currently occupied by tenants, providing immediate rental income
