16-18 3rd St
Hamden, CT 06514
- 5 Beds
- 3 Baths
- 3,116 sqft
5 Beds
3 Baths
3,116 sqft
Local Information
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Description
Back on market buyer unable to secure finance!!! Spacious, Fully Rented 3-Family Home with Excellent Income Potential. This is an exceptional opportunity to own a spacious, fully rented 3-family home with outstanding income and cash flow. The property has been meticulously maintained and updated over the years, ensuring durability and reduced maintenance costs. Key updates include roof, furnaces, windows, and a modern 100 amp electric service with a house meter and emergency hallway lighting. The first and second units feature beautiful hardwood floors and high ceilings, while the third-floor unit is carpeted for added comfort. Located in a prime area, the home is close to shopping, public transportation, good schools, dining, and entertainment options. Easy access to local highways makes commuting a breeze. Financially, the property generates a monthly income of $51600 annually, and a cap rate of 7.05%, making it a highly attractive investment opportunity. Whether you are an investor looking to expand your portfolio or a buyer seeking a property with excellent income potential, this fully rented 3-family home is a perfect choice. Units are on month to month status. Schedule a viewing and explore the full potential this property has to offer. Inspection for buyers information only.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 15, 2024
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 16-18 3rd St
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Interior Details Basement: FullNumber of Rooms: 14 |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 3116 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater, Water HeaterLaundry: In Basement |
Heating & Cooling Heating: Gas on Gas,Forced Air,Hot Water,Gas In Street,Natural Gas,OilHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Gas On Gas |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Window: Thermopane Windows |
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Exterior Home Features Roof: AsphaltFoundation: Brick/Mortar, StoneNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: None,Off Street,Driveway,Private |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 3116 Square Feet |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: 3updown - Unit(s) per Floor |
Building Construction Materials: Aluminum SidingNot a New ConstructionAttached To Another StructureIncludes Home Warranty |
Property Information Parcel Number: 1131629 |
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Price List Price: $499,900 |
Status Change & Dates Off Market Date: Mon Sep 16 2024Possession Timing: Negot |
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MLS Status: Closed |
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Direction & Address City: HamdenCommunity: Highwood |
School Information Elementary School: Per Board of EdJr High / Middle School: Per Board of EdHigh School: Per Board of Ed |
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Building Area Building Area: 3116 Square Feet |
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Community Features: Basketball Court, Near Public Transport, Library, Medical Facilities, Park, Shopping/Mall |
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No HOA |
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Lot Area: 5227.2 sqft |
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Energy Efficiency Features: Windows |
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BasementMls Number: 24024025Attic: NoneAbove Grade Unfinished Area: 3116 |
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Basketball CourtNear Public TransportLibraryMedical FacilitiesParkShopping/Mall |
Last check for updates: about 3 hours ago
Listed by Julio M. Lopes, (203) 996-8204
Encore Premier Properties, (203) 996-8204
Bought with: Zenaida Mora, (203) 527-2502, Century 21 Scala Group, (203) 374-9451
Source: Smart MLS, MLS#24024025

Price History for 16-18 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 10/14/2024 | $450,000 | Sold | Smart MLS #24024025 |
| 08/12/2024 | $499,900 | PriceChange | Smart MLS #24024025 |
| 07/12/2024 | $509,900 | PriceChange | Smart MLS #24024025 |
| 06/13/2024 | $525,000 | Listed For Sale | Smart MLS #24024025 |
Market trends in Hamden
Last updated May 2026
Avg. sale price
$333K
$7.42KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$220
$8MoM
Available listings
192
9MoM
Homeowner tools
Estimated monthly rent$1,916/mo
Comparable Sales for 16-18 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $510,000 | 01/27/26 | 8 | 3 | 3,220 | |
0.15 | Multi-Family Home | $412,000 | 06/27/25 | 6 | 2 | 2,931 | |
0.30 | Multi-Family Home | $457,000 | 09/10/25 | 6 | 3 | 3,426 | |
0.44 | Multi-Family Home | $460,000 | 06/25/25 | 5 | 3 | 3,035 | |
0.25 | Multi-Family Home | $475,000 | 09/26/25 | 5 | 3 | 2,125 | |
0.23 | Multi-Family Home | $365,000 | 01/28/26 | 4 | 2 | 2,204 | |
0.30 | Multi-Family Home | $470,000 | 05/08/26 | 6 | 2 | 2,304 | |
0.23 | Multi-Family Home | $385,000 | 09/29/25 | 5 | 2.5 | 2,013 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 16-18 3rd St.
What Locals Say about Hamden
At least 359 Trulia users voted on each feature.
86 % Say it's dog friendly
84 % Say car is needed
83 % Say parking is easy
77 % Say there are sidewalks
73 % Say yards are well-kept
71 % Say there's holiday spirit
66 % Say it's quiet
63 % Say streets are well-lit
57 % Say people would walk alone at night
56 % Say kids play outside
55 % Say neighbors are friendly
54 % Say it's walkable to restaurants
52 % Say it's walkable to grocery stores
50 % Say there's wildlife
50 % Say they plan to stay for at least 5 years
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 16-18 3rd St
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
16-18 3rd St, Hamden, CT 06514 is a 5 bedroom, 3 bathroom, 3,116 sqft multi-family built in 1920. This property is not currently available for sale. 16-18 3rd St was last sold on Oct 14, 2024 for $450,000 (10% lower than the asking price of $499,900). The current Trulia Estimate for 16-18 3rd St is $513,200.