Sold for $460,000

$460,000

52 Terrace Street, New Haven, CT 06512

4beds

1,844sqft

Multi Family

Built in 1900

-- sqft lot

$496,800 Zestimate^®

$249/sqft

$1,897 Estimated rent

Home value

$496,800

$462,000 - $537,000

$1,897/mo

Zestimate^® history

Owner options

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$1,897/mo

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$1,897/mo

Rent Zestimate^®

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$3,257/mo

Est. payment

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$3,257/mo

Est. payment

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What's special

Highest and Best by 8/20 @ 4:30pm. Welcome to this well-maintained 2-family home, a prime investment opportunity. This property features brand-new vinyl siding, giving it a fresh, modern look while ensuring low maintenance for years to come. Each unit offers spacious living areas, comfortable bedrooms, and well-equipped kitchens. The property is fully occupied, providing immediate rental income, and comes with the added convenience of central air conditioning, ensuring year-round comfort. Separate utilities for each unit. Natural gas, public water and sewer. Located in a desirable neighborhood, this home is close to schools, shopping, and public transportation, making it a prime location for tenants. Don't miss out on this turn-key investment opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Gas Water Heater, Water Heater
Laundry: In Basement

Features

Basement: Full,Unfinished
Attic: Finished,Walk-up
Has fireplace: No

Interior area

Total structure area: 1,844
Total interior livable area: 1,844 sqft
Finished area above ground: 1,844

Property

Parking

Total spaces: 6
Parking features: None, Paved, Off Street, Driveway, Private, Asphalt
Has uncovered spaces: Yes

Features

Exterior features: Balcony, Awning(s), Rain Gutters
Waterfront features: Beach Access

Lot

Size: 5,227 sqft
Features: Level

Details

Parcel number: 1237293
Zoning: RM1

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Basketball Court, Near Public Transport, Medical Facilities, Park, Shopping/Mall

Location

Region: New Haven

Price history

Date	Event	Price
10/11/2024	Sold	$460,000+2.4%$249/sqft
Source: Smart MLS #24040130 Report a problem
8/16/2024	Listed for sale	$449,000+113.8%$243/sqft
Source: Smart MLS #24040130 Report a problem
4/24/2006	Sold	$210,000$114/sqft
Source: Smart MLS #N240257 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,990 +2.3%	$152,040
2024	$5,854 +3.5%	$152,040
2023	$5,656 -6.4%	$152,040
2022	$6,044 +46%	$152,040 +61.1%
2021	$4,141	$94,360
2020	$4,141 +2.1%	$94,360
2019	$4,056	$94,360
2018	$4,056 +11.1%	$94,360
2017	$3,650 +4%	$94,360 +11.7%
2016	$3,511	$84,490
2015	$3,511	$84,490
2014	$3,511 +1.9%	$84,490
2013	$3,447 +4.9%	$84,490
2012	$3,285 -46.7%	$84,490 -39.9%
2011	$6,168	$140,490
2010	$6,168 +4%	$140,490
2009	$5,930 +61.8%	$140,490 +61.8%
2007	$3,666 +11.3%	$86,842 +18.3%
2006	$3,293 +13.4%	$73,430
2004	$2,903 +2.6%	$73,430
2003	$2,829 +6.5%	$73,430 -3.4%
2000	$2,656	$76,000