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.
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Listing Snapshot
Price
$459,900
Days On Site
1 Day
Bedrooms
5
Inside Area (SqFt)
3,042 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
0.12 Acres
Year Built
1900
MLS® Number
24142771
Status
Active
Property Tax
$7,033
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
5 hours ago
Listing updated with changes from the MLS®
yesterday
Listing first seen on site
General Features
Acres
0.12
Foundation
Concrete Perimeter
Parking
None
Property Sub Type
Triplex
Sewer
Public Sewer
SqFt Total
3042
Style
Units on different Floors
Water Source
Public
Zoning
RM2
Interior Features
Appliances
Gas Water Heater
Basement
FullUnfinished
Heating
Natural GasOilForced Air
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Exterior Features
Construction Details
Vinyl SidingFrame
Lot Features
Level
Roof
Asphalt
Schools
School District
Unknown
Elementary School
Lincoln Bassett
Middle School
Per Board of Ed
High School
James Hillhouse
Listing courtesy of Javyn Roundtree of Javyn Roundtree 4752274312
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Last checked: 2025-12-02 09:03 PM UTC.
Neighborhood & Commute
Source: Walkscore
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