306 Howard Avenue
New Haven, Connecticut

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!

Listing Courtesy of Starr Team at LPT Realty