Fantastic investment opportunity that's turn key and cash flowing with upside! This corner building is a total of 9 units with big unit mix featuring (5) 3 bed/1 bath units, (1) 2 bed, 1 bath unit & 3 studios/1 bath units. All units are spacious AND renovated (8/9) with new flooring throughout, updated kitchens (appliances, cabinets, counters, fixtures); updated bathrooms and overall newer paint + fixtures. All utilities are separate & tenant paid - gas or electric heat and hot water + separate electrical. There are laundry hookups in most units. There is ample off-street parking for 10+ cars. Low maintenance and turn key opportunity ready for a new owner! Good location for tenants near the highway and downtown for easy access to amenities. Rents are below market = BIG UPSIDE with 10+% CAP pro-forma. This property can be purchased as part of a larger portfolio sale.
|
DAYS ON MARKET
|
3
|
LAST UPDATED
|
5/3/2025
|
|
YEAR BUILT
|
1902
|
COUNTY
|
New Haven
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Per Board of Ed |
| High School |
Per Board of Ed |
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Water Heater, Gas Water Heater |
| BASEMENT |
Full, Unfinished, Yes |
| CONSTRUCTION |
Frame, Vinyl Siding |
| HEAT |
Baseboard, Electric, Forced Air, Natural Gas |
| LOT |
0.3 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Level |
| PARKING |
Off Street, Unassigned, None |
| SEWER |
Public Sewer |
| STYLE |
Units are Side-by-Side, Units on different Floors |
| TAXES |
15097 |
| WATER |
Public |
| ZONING |
IG |
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Listing courtesy of Oxford Realty
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