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Image 1 - 377;379 Peck Street, Barnesville, New Haven, CT 06513, USA - House for sale

Image 2 - 377;379 Peck Street, Barnesville, New Haven, CT 06513, USA - House for sale

Image 3 - 377;379 Peck Street, Barnesville, New Haven, CT 06513, USA - House for sale

Image 4 - 377;379 Peck Street, Barnesville, New Haven, CT 06513, USA - House for sale

Home For Sale In New Haven, Connecticut

377;379 Peck Street, Barnesville, New Haven, CT 06513, USA

Home For Sale In New Haven, Connecticut

house for sale

Listed: 05/09/24

377;379 Peck Street, Barnesville, New Haven, CT 06513, USA

5 Bed:

2.5 Bath:

2,128 Sq Ft Living Area:

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Price

$ 440,000

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About This House

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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Goatville Housing & Living

Household Income

Median household income: $39,191

Number of households: 49,987

The average household income in New Haven, CT grew from $38,126 to $39,191 in the past year. This data is an estimate based upon 49,987 households in New Haven, CT.
The chart below presents how household income is distributed in New Haven, CT in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Haven, CT compared to median property taxes around the country. The prevalent amount of property taxes in New Haven, CT equals $3k+ , which is more than the national average.