Multi-Family Investment Opportunity in Newhallville - Near Albertus Magnus College! This fully occupied two-family property offers strong potential in a growing rental market. The first-floor unit features 2 bedrooms and 1 bathroom, currently rented for $1,000/month. The second-floor unit includes 4 bedrooms and 1 bathroom, with a monthly rent of $1,200. Both tenants are long-term and month-to-month, presenting an excellent chance for rental income growth-rents are likely below market value. The property is conveniently located close to schools and public transportation. Whether you're a seasoned investor or just getting started, this is a great opportunity to capitalize on an up-and-coming neighborhood and a competitive rental market. Bring your vision and unlock the property's full potential! Sold as-is. May not qualify for FHA or VA financing.
DAYS ON MARKET
|
1
|
LAST UPDATED
|
6/15/2025
|
YEAR BUILT
|
1920
|
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 |
Gas Water Heater |
BASEMENT |
Concrete, Full, Storage Space, Yes |
CONSTRUCTION |
Concrete, Frame, Other |
EXTERIOR |
Garden |
HEAT |
Forced Air, Natural Gas |
LOT |
4356 sq ft |
LOT DESCRIPTION |
Level |
PARKING |
Off Street, None |
SEWER |
Public Sewer |
STYLE |
Units on different Floors |
TAXES |
5856 |
WATER |
Public |
ZONING |
RM1 |
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Listing courtesy of Lamacchia Realty
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