24
See all 24 photos
$459,900
Est. payment /mo
5 Beds
3 Baths
3,042 SqFt
Under Contract
98 Thompson Street New Haven, CT 06511
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,042 sqft
Price per Sqft $151
MLS Listing ID 24142771
Style Units on different Floors
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $7,033
Lot Size 5,227 Sqft
Property Sub-Type 3 Family
Property Description
Beautifully located in the heart of New Haven, 98 Thompson Street is a well-maintained three-family property offering a total of five bedrooms and three bathrooms across three levels. The first and second floors each feature spacious two-bedroom units with great natural light and functional layouts, while the third floor offers a well-kept one-bedroom unit-perfect for steady rental demand. The home has solid bones, a strong exterior presence, and has been cared for over the years, providing a reliable foundation for long-term ownership. This property sits in a highly convenient section of New Haven with easy access to local amenities, major employers, public transportation, Yale University, shopping, dining, and several neighborhood parks. The area continues to see consistent rental interest, making properties like this especially attractive for landlords seeking strong cash-flow assets. All units are currently rented and delivering immediate income, allowing the next owner to step directly into a fully functioning investment property with minimal effort. With a gross annual income of approximately $58,140, this multifamily offers excellent cash-flow potential in one of New Haven's most in-demand rental corridors. Whether you're expanding your portfolio or searching for a stable, income-producing opportunity, 98 Thompson Street is ready to perform for its next owner.
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full, Unfinished
Interior
Heating Hot Air
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Lincoln Bassett
Middle Schools Per Board Of Ed
High Schools James Hillhouse
Listed by Javyn Roundtree • Roundtree Realty LLC