Ignite FB Tracking Pixel377 Peck Street, New Haven, CT 06513 - Lori Miko
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listing
1 of 5
MultifamilyFor Sale
$440,000
377 Peck Street
New Haven, CT 06513
Courtesy of Coldwell Banker Realty
MLS: Smart MLS
5Beds
2Full1Half Baths
2,128Sq Ft
Est. Mortgage
$2,371/mo

Investing in multi-unit residential properties indeed presents a unique opportunity for portfolio diversification and wealth generation. The immediate cash flow from rental income provides a steady stream of revenue, which can be particularly attractive during periods of market volatility. Additionally, the potential for asset appreciation over time can result in significant capital gains. The varying unit sizes in a two-unit building allow for flexibility in tenant demographics, which can lead to lower vacancy rates and a broader appeal in the rental market. Strategic updates and regular maintenance not only preserve but can enhance the property's value, making it an attractive proposition for both current income and future resale. It's a tangible asset that, with proper management, can yield substantial returns while providing housing solutions-a fundamental need in any community.

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Information courtesy of Coldwell Banker Realty is subject to verification and is not guaranteed. Listing Data Last Updated 05/20/2024 12:40 PM
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