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$ 1,050,000
Est. payment | /mo
18 Beds
6 Baths
5,382 SqFt
$ 1,050,000
Est. payment | /mo
18 Beds
6 Baths
5,382 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,382 sqft
Price per Sqft $195
MLS Listing ID 24108378
Style Units are Side-by-Side
Bedrooms 18
Full Baths 6
Year Built 1900
Annual Tax Amount $11,876
Lot Size 6,969 Sqft
Property Sub-Type 5 Family+
Property Description
Turnkey 6-unit multifamily just steps from Science Park and Yale. Fully gut-renovated inside and out, this asset features (6) large 3BR/1BA units with separate utilities-tenants pay heat and electric. Projected market rents of $2,050/unit yield a potential 10% cap rate. Coin-op laundry for additional income. Located in a high-demand rental corridor with sub-5% vacancy and strong tenant base driven by Yale, biotech growth, and nearby redevelopment. Ideal for investors seeking immediate cash flow and long-term upside in a supply-constrained market.
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full, Shared Basement
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Flat
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
Listed by Andrew Stein • Vanguard Private Client Grp
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Andrei Balaj & Camilo Ramirez
Real Estate Agent | Lic# Licensed in Connecticut