$459,900

98 Thompson Street, New Haven, CT 06511

5 beds |
3 baths |
3,042 sqft

Multi-Family Home
Built in 1900
5,227sqft lot
—— car garage
$151/sqft
Listed 8 days ago

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.

Listing Status:: Active
Date Added:: December 1, 2025 at 09:05PM
Listing Office:: Roundtree Realty LLC : (475) 227-4312
Listing Agent:: Javyn Roundtree : (475) 227-4312
MLS ID:: 24142771

Basement: FullUnfinished
A/C: None
Heating: Hot AirNatural GasOil
Fireplace: Fireplaces: 0

Style: Units on different Floors

Roofing: Asphalt Shingle

County: New Haven

Zoning: RM21252014

Water: Public Water Connected
Sewer: Public Sewer Connected

This listing courtesy of Javyn Roundtree, Roundtree Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lincoln - Bassett Community School

130 Bassett St, New Haven, CT, 06511

Grades PK-6

0.27 miles away

Celentano Biotech Health and Medical Magnet School

400 Canner St, New Haven, CT, 06511

Grades PK-8

0.50 miles away

James Hillhouse High School

480 Sherman Pkwy, New Haven, CT, 06511

Grades 9-12

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.