Excellent turnkey investment opportunity! This well-maintained 1-bedroom, 1-bath condominium in the desirable Ridgeview Condominiums is a fantastic addition to any investment portfolio. Currently generating $1,300 per month in rental income, the unit is leased through March 1, 2027, providing immediate and reliable cash flow. The seller will reimburse the prepaid rent from the closing date through the end of the current lease term, allowing the new owner to receive the economic benefit of the remaining lease immediately. Residents enjoy convenient on-site laundry facilities and an exceptional location just minutes from Yale University and Yale New Haven Hospital (approximately 10 minutes), Southern Connecticut State University (approximately 15 minutes), and the University of New Haven (approximately 15 minutes). The property also offers easy access to beaches, shopping, dining, public transportation, and major highways, making it highly desirable for tenants. Whether you're a seasoned investor or purchasing your first income-producing property, this condo offers immediate cash flow, a prime location, and outstanding long-term investment potential.
42 days
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366
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14
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Zillow last checked:
Listing updated:
Listed by:
Fatih Bahat(203)361-6053,
Coldwell Banker Realty203-481-4571
Source: Smart MLS,MLS#: 24188596
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Primary bedroom
Level: Main
Dining room
Level: Main
Living room
Level: Main
Heating
Baseboard, Electric
Cooling
None
Appliances
Included: Electric Range, Refrigerator, Electric Water Heater
Features
Basement: None
Attic: None
Has fireplace: No
Interior area
Total structure area: 726
Total interior livable area: 726 sqft
Finished area above ground: 726
Property
Features
Stories: 1
Details
Parcel number: 1240745
Zoning: RM1
Construction
Type & style
Home type: Condo
Architectural style: Apartment
Property subtype: Condominium, Apartment
Attached to another structure: Yes
Materials
Brick
Condition
New construction: No
Year built: 1967
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
HOA
Has HOA: Yes
Amenities included: Management
Services included: Maintenance Grounds, Trash, Snow Removal, Water, Sewer, Pest Control