For sale

$2,595,000

38 Bishop Street, New Haven, CT 06511

18beds

9,072sqft

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Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$286/sqft

$-- HOA

What's special

The East Rock Investment property of your dreams! The building features over 9000 SQ FT of living space spread across 6 large three bedroom, 1 bath apartments. The building is currently bringing in over $277,000 of income with a net income of $211,011 with an 8.14 cap rate. The building has a ton of value with added potential with renovations to kitchens and baths. Low maintenance building with no driveway or off street parking and nice rear lot. The building has separate metered gas heating and electric, but hot water is included. Huge basement with washer and dryer for tenant use. Don't miss this great opportunity.

18 days

45

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18
Bathrooms: 6
Full bathrooms: 6

Heating

Hot Water, Natural Gas

Cooling

None

Appliances

Included: Water Heater

Features

Basement: Full,Unfinished
Attic: Finished,Walk-up
Has fireplace: No

Interior area

Total structure area: 9,072
Total interior livable area: 9,072 sqft
Finished area above ground: 9,072

Property

Lot

Size: 7,840 Square Feet
Features: Level

Details

Parcel number: 1246470
Zoning: RM2

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Flat

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: East Rock

HOA

Has HOA: No

Location

Region: New Haven

Financial & listing details

Price per square foot: $286/sqft
Tax assessed value: $510,440
Annual tax amount: $20,111
Date on market: 7/2/2026

Estimated market value

Not available

Estimated sales range

Not available

$2,961/mo

Price history

Date	Event	Price
7/2/2026	Listed for sale	$2,595,000+265.5%$286/sqft
Source: Smart MLS #24187163 Report a problem
7/2/2004	Sold	$710,000$78/sqft
Source: Smart MLS #N222636 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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