$1,030,000
$1,100,000 6.4%
Est. payment /mo
14 Beds
9 Baths
7,716 SqFt
UPDATED:
Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 7,716 sqft
Price per Sqft $133
MLS Listing ID 24153821
Sold Date 06/01/26
Style Units on different Floors
Bedrooms 14
Full Baths 9
Year Built 1910
Annual Tax Amount $18,250
Lot Size 6,098 Sqft
Property Sub-Type 5 Family+
Property Description
Rare 9-unit multifamily opportunity offering significant value-add potential in a strong New Haven rental market. The property features oversized units with abundant natural light and separate, tenant-paid utilities. Several units include updated kitchens and baths, and some are equipped with high-efficiency Navien systems, providing a solid foundation for improvements. The property currently presents a lease-up and renovation opportunity for investors seeking to reposition and stabilize an asset with substantial upside. Market rents in the area support strong income potential, with 1-bedroom units achieving approximately $1,350/month and 2-bedrooms approximately $1,600/month.Ideally located just minutes from State Street, I-91, I-95, and Yale University, the property benefits from consistent rental demand and proximity to major employment and education hubs. With large unit sizes, desirable location, and clear path to increased occupancy and rental growth, this is an excellent opportunity for investors looking to create value and drive long-term appreciation.
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full, Unfinished, Shared Basement
Interior
Heating Hot Water
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Gable,Tile
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Read Less Info
Listed by Lisa Cozzi • Century 21 AllPoints Realty
Bought with Chantal Lallier • Century 21 AllPoints Realty
Bought with Chantal Lallier • Century 21 AllPoints Realty
Nearby Locations
GET MORE INFORMATION
