Rebuilt Three-Family
84 Lawrence Street New Haven, CT 06511
New
84 Lawrence Street, New Haven, CT, 06511
$995,000
For Sale
$995,000
MULTI_FAMILY - New Haven, CT
Property Size3,021 SF
Lot Size0.08 Acres
Price / SF$329.36
Days on Market3
Property Features for 84 Lawrence Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 1
- Parking
- 1
- Basement
- Partial, Unfinished
- Standard status
- Active
- Size
- 3,021 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 14557
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing Agency
Real Broker CT, LLC
(855) 450-0442
100 Pearl Street, 14th Floor, Hartford, CT
Listed by
Jennifer D'Amato
(203) 605-7865
Added: Jul 16 Checked: Jul 18 at 8:06 am
MLS# 24190626
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 three-family residence has been completely rebuilt within the last six years. Improvements include a new roof and siding, new windows, and updated electrical, plumbing, floors, kitchens, and baths throughout. Each of the spacious two-bedroom units offers private laundry and its own high-efficiency gas heat and cooling system, designed to avoid shared mechanicals.
Gross rents total $7,950 per month, with long-term tenants already in place. Tenants pay all utilities other than water and sewer.
The property includes a shared yard and off-street parking, with one space currently available and room to expand. It is situated on a quiet, tree-lined side street in East Rock, directly across from the Yale shuttle line and minutes to East Rock’s cafes, markets, and parks. Zoning is RM2.
Gross rents total $7,950 per month, with long-term tenants already in place. Tenants pay all utilities other than water and sewer.
The property includes a shared yard and off-street parking, with one space currently available and room to expand. It is situated on a quiet, tree-lined side street in East Rock, directly across from the Yale shuttle line and minutes to East Rock’s cafes, markets, and parks. Zoning is RM2.
Key Highlights
- East Rock 3‑family completely rebuilt within the last 6 years, including new roof, siding, windows, electrical, plumbing, floors, kitchens, and baths.
- Two‑bedroom units with private in‑unit laundry and high‑efficiency gas heat and cooling in each unit (no shared mechanicals).
- Current long‑term tenants in place with gross rents of $7,950/month ($95,400/year).
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 | $77.9k | $25.80 |
| − Vacancy | −$5.3k | −$1.75 |
| EGI | $72.6k | $24.05 |
| − OpEx | −$21.8k | −$7.21 |
| NOI | $50.8k | $16.83 |
3,021 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$726.4K
$635.6K – $847.5K
NOI $50,849 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$676.0K
$591.5K – $788.6K
NOI $47,317 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$971.8K
$850.3K – $1.13M
NOI $68,025 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-family property rebuilt within six years featuring private in-unit laundry and separate high-efficiency gas heating and cooling systems.
Where is this triplex located?
The property is located at 84 Lawrence Street New Haven, CT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: East Rock 3‑family completely rebuilt within the last 6 years, including new roof, siding, windows, electrical, plumbing, floors, kitchens, and baths.; Two‑bedroom units with private in‑unit laundry and high‑efficiency gas heat and cooling in each unit (no shared mechanicals).; Current long‑term tenants in place with gross rents of $7,950/month ($95,400/year).