Fantastic S End investment opportunity that's turn key with upside. This corner building is a total of 16 units that feature 2 beds, 1 beds and studio units. Many of the units offer a variety of renovations including new flooring, paint, fixtures, kitchen cabinets, counters, appliances and updated bathrooms. The hallways have been recently painted with new flooring as well. All utilities are separate & tenant paid - gas heat and hot water + separate & tenant paid electrical. There is fire monitoring throughout the building. There is a 5-car garage in back and some off-street parking for cars. Low maintenance with super on site 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 9+% ROI 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
|
1900
|
COUNTY
|
New Haven
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Brick |
| HEAT |
Baseboard, Natural Gas |
| LOT |
6970 sq ft |
| LOT DESCRIPTION |
Corner Lot, Level |
| PARKING |
Off Street, Driveway |
| SEWER |
Public Sewer |
| STORIES |
4 |
| TAXES |
24323 |
| WATER |
Public |
| ZONING |
IG |
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Listing courtesy of Oxford Realty
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This IDX solution is (c) Diverse Solutions 2025.
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