$599,900
 $3,220 est/mo Sourced by Back At You

306 Howard Avenue,New Haven, CT 06519

New Haven, CT 06519

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Description

Attention investors seeking immediate cash flow in a high-demand rental market! This income-producing 3-family property is currently generating $5,525 per month in gross rental income and offers a strong opportunity to add a performing asset to your portfolio. Each unit features 4 bedrooms, a spacious kitchen, living room, and full bathroom, providing a desirable layout that appeals to a broad tenant base and supports long-term rental demand. The property offers several features investors appreciate, including vinyl siding for lower exterior maintenance, laundry hookups in the basement, natural gas heating, and valuable off-street parking located behind the building. A shared driveway provides access to the rear parking area, an added convenience for tenants in an urban setting. Strategically located near Yale University, Downtown New Haven, Wooster Square, Union Station, and Long Wharf's popular Food Truck Paradise, this property benefits from proximity to major employment centers, transportation hubs, restaurants, and entertainment. Easy access to I-91, I-95, and Route 34 further enhances tenant appeal and supports strong occupancy potential. Whether you're expanding an existing portfolio or acquiring your first investment property, this well-maintained multi-family offers current income, low-maintenance ownership, and future upside in one of Connecticut's strongest rental markets!

Details

MLS #24184046
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site108
Listing Provided ByStarr Team at LPT Realty | Doug Hagen

Features

Bed(s)12
Bath(s) 3 Total
SQ Feet3,588
BasementY
Units3
ZoningRM1
Acreage0.09

Interior

Total Rooms21
Cooling SystemNone
Fireplaces Total0
Laundry Room InfoBasement Hook-Up(s)

Exterior

Roof InformationFlat
Foundation TypeBlock

Parking

Garage & ParkingOff Street Parking
Garages Number0
Parking Total Spaces3

Utilities

Sewage SystemPublic Sewer Connected

Taxes

Tax YearJuly 2026-June 2027
Property Tax9763

Area Information

StateCT
CountyNew Haven
CityNew Haven
Zip Code06519
AreaN | A
School DistrictPer Board of Ed
Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed
Listing VS Median (in 06519)
Price:
$599,900
low | high
Med:
$287,000
100% of Average
sqft:
3,588
low | high
Med:
2,048
92.920847268673% of Average
$ / sqft:
$167
low | high
Med:
$145
63.401759897106% of Average
On site:
108
low | high
Med:
84.5
100% of Average
Sourced by Back At You

Market Activity 06519

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Learn More About This Property

StateCT
CountyNew Haven
CityNew Haven
Zip Code06519
AreaN | A
School DistrictPer Board of Ed
Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed
Listing VS Median (in 06519)
Price:
$599,900
low | high
Med:
$287,000
100% of Average
sqft:
3,588
low | high
Med:
2,048
92.920847268673% of Average
$ / sqft:
$167
low | high
Med:
$145
63.401759897106% of Average
On site:
108
low | high
Med:
84.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $449K - $749K
sqft: 2,500 - 4,000
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Listing Updated: September 29, 2026 at 8:55:26 AM PDT