Sold for $310,000

$310,000

151 Read Street, New Haven, CT 06511

6beds

2,735sqft

Multi Family

Built in 1920

-- sqft lot

$317,800 Zestimate^®

$113/sqft

$2,088 Estimated rent

Home value

$317,800

$283,000 - $356,000

$2,088/mo

Zestimate^® history

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$2,088/mo

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$2,088/mo

Rent Zestimate^®

Refinance and save

$2,203/mo

Est. payment

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$2,203/mo

Est. payment

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What's special

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.

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