$349,900
PENDING

Estimated payment $2,269/month

Total Views 5,957
5 Beds
3 Baths
1,975 Sq Ft
$177 Price per Sq Ft

Highlights

  • Property is near public transit
  • Public Transportation
  • Level Lot

About This Home

Investor take notice! 171 Frank Street is a well-maintained three-family property offering strong income potential in a desirable New Haven neighborhood. The building features two 2-bedroom units and one 1-bedroom unit, all currently rented on a month-to-month basis-providing significant upside for rental increases. Each unit is separately metered with individual utilities, making this a low-maintenance investment. Whether you're expanding your portfolio or just getting started, this property offers flexibility and long-term growth potential. Located close to major highways, public transportation, and local amenities, this is a high-demand rental area with consistent occupancy. Don't miss this opportunity to secure a solid multi-family asset in one of New Haven's most promising rental markets.

Listing Agent

Sean Doran

William Raveis Real Estate License #RES.0820912 Listed on: 05/21/2025

William Raveis Real Estate

Co-Listing Agent

Joseph Tracey

William Raveis Real Estate License #RES.0805092

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,399

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,975 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1254571

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,399

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1975
  • Total Sq Ft: 1975
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Living Area Sq Ft Per Public Record: 1975
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished
  • Attic: No
  • Street Number Modifier: 171

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Paved
  • Total Parking Spaces: 2
  • Garage And Parking: None, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.08
  • Lot Description: Level Lot
  • Zoning: RM2
  • Parcel #: 1254571

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 4399
  • Total Assessed Value: 111650
  • Mil Rate Total: 39.4

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,399 $111,650 $22,820 $88,830
2024 $4,299 $111,650 $22,820 $88,830
2023 $4,153 $111,650 $22,820 $88,830
2022 $4,438 $111,650 $22,820 $88,830
2021 $2,903 $66,150 $19,670 $46,480
2020 $2,903 $66,150 $19,670 $46,480
2019 $2,843 $66,150 $19,670 $46,480
2018 $2,843 $66,150 $19,670 $46,480
2017 $2,559 $66,150 $19,670 $46,480
2016 $2,021 $48,650 $11,200 $37,450
2015 $2,021 $48,650 $11,200 $37,450
2014 $2,021 $48,650 $11,200 $37,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $349,900 +464.4% $177 / Sq Ft
06/06/2014 06/06/14 Sold $62,000 +8.8% $31 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $57,000 -- $29 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $62,000 --
Quit Claim Deed -- --
Foreclosure Deed -- --
Warranty Deed $270,000 --
Not Resolvable $53,000 --
Not Resolvable $20,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,300 No Value Available
Previous Owner $60,000 No Value Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24097749

SmartMLS

APN: NHVN-000304-000046-001300