98 Thompson Street

New Haven, Connecticut 06511

Status
For Sale
Square Feet
3,042
Beds
5
Price
$459,900
Type
Multi-Family For Sale
Garages
Baths
3
MLS
24142771

Price

$459,900

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Interior Details

Interior Size
3,042 Sq Ft
Bedrooms
5
Bathrooms
3
Rooms Total
Garage

Exterior Details

Lot Size
0.12 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$7,033
Assessed Value
$178,500
Elementary School
Lincoln Bassett
Middle School
Per Board of Ed
High School
James Hillhouse

About Property

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.
Listed by Roundtree Realty LLC, Javyn Roundtree. Data sourced from SmartMLS

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