Multi-Family Investment Opportunity in Newhallville - Near Albertus Magnus College! This fully occupied two-family property offers strong potential in a growing rental market. The first-floor unit features 2 bedrooms and 1 bathroom, currently rented for $1,000/month. The second-floor unit includes 4 bedrooms and 1 bathroom, with a monthly rent of $1,200. Both tenants are long-term and month-to-month, presenting an excellent chance for rental income growth-rents are likely below market value. The property is conveniently located close to schools and public transportation. Whether you're a seasoned investor or just getting started, this is a great opportunity to capitalize on an up-and-coming neighborhood and a competitive rental market. Bring your vision and unlock the property's full potential! Sold as-is. May not qualify for FHA or VA financing.
Sold for $310,000
$310,000
151 Read Street, New Haven, CT 06511
6beds
2,735sqft
Multi Family
Built in 1920
-- sqft lot
$321,500 Zestimate®
$113/sqft
$2,093 Estimated rent
Home value
$321,500
$286,000 - $363,000
$2,093/mo
Zestimate® history
Owner options
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$2,093/mo
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$2,093/mo
Rent Zestimate®
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$2,205/mo
Est. payment
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$2,205/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Samary Agosto-Polnett 203-442-3370,
Lamacchia Realty 860-426-6886
Bought with:
Dawn White-Bracey, RES.0813875
William Pitt Sotheby's Int'l
Source: Smart MLS,MLS#: 24100744
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Water Heater
- Laundry: In Unit
Features
- Basement: Full,Shared Basement,Storage Space,Hatchway Access,Interior Entry,Concrete
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,735
- Total interior livable area: 2,735 sqft
- Finished area above ground: 2,735
Property
Parking
- Total spaces: 4
- Parking features: None, Off Street
Features
- Exterior features: Sidewalk, Awning(s), Garden
Lot
- Size: 4,356 sqft
- Features: Level
Details
- Parcel number: 1252535
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Other
- Foundation: Brick/Mortar, Masonry
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: New Haven
- Subdivision: Newhallville
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2026 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/10/2026 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/16/2025 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2025 | Price change | $2,500-16.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/6/2025 | Listed for rent | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Sold | $310,000+6.9%$113/sqft |
Source:  Smart MLS #24100744 Report a problem | ||
| 6/20/2025 | Pending sale | $289,900$106/sqft |
Source: Smart MLS #24100744 Report a problem | ||
| 6/16/2025 | Listed for sale | $289,900+107.4%$106/sqft |
Source: Smart MLS #24100744 Report a problem | ||
| 10/13/2004 | Sold | $139,800$51/sqft |
Source: Smart MLS #N217414 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,993 +2.3% | $152,110 |
| 2024 | $5,856 +3.5% | $152,110 |
| 2023 | $5,658 -6.4% | $152,110 |
| 2022 | $6,046 +55.5% | $152,110 +71.6% |
| 2021 | $3,889 | $88,620 |
| 2020 | $3,889 +2.1% | $88,620 |
| 2019 | $3,809 | $88,620 |
| 2018 | $3,809 +11.1% | $88,620 |
| 2017 | $3,428 +28.1% | $88,620 +37.6% |
| 2016 | $2,676 | $64,400 |
| 2015 | $2,676 | $64,400 |
| 2014 | $2,676 +1.8% | $64,400 |
| 2013 | $2,628 +5% | $64,400 |
| 2012 | $2,504 -56.5% | $64,400 -50.9% |
| 2011 | $5,756 | $131,110 |
| 2010 | $5,756 +4% | $131,110 |
| 2009 | $5,534 +57.2% | $131,110 +57.2% |
| 2007 | $3,520 +9.8% | $83,398 +16.7% |
| 2006 | $3,205 +13.5% | $71,470 |
| 2004 | $2,825 +2.6% | $71,470 |
| 2003 | $2,754 -7.2% | $71,470 -15.8% |
| 2000 | $2,967 | $84,900 |
Find assessor info on the county website
Neighborhood: Newhallville
Nearby schools
GreatSchools rating
- 2/10Lincoln-Bassett SchoolGrades: PK-6Distance: 0.2 mi
- 3/10King/Robinson Magnet SchoolGrades: PK-8Distance: 0.4 mi
- 1/10James Hillhouse High SchoolGrades: 9-12Distance: 0.9 mi
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$321,500
2% more
+$6,430
With Zillow Showcase(estimated)
$327,930
- Connecticut
- New Haven County
- New Haven
- 06511
- Newhallville
- 151 Read Street
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