Tile flooringWell-maintained kitchens and bathsHardwood floorsGranite countertopsWood kitchen cabinets
Updated and well-maintained, fully rented, 13-unit multifamily portfolio located on East Grand Ave in New Haven's Fair Haven Heights neighborhood. The property consists of three buildings with a desirable unit mix including 1-bedroom townhome-style units, ADA-compliant 2-bedroom units, and larger 3 and 4 bedroom apartments. Units feature quality interior finishes such as tile flooring, wood kitchen cabinets, granite countertops, hardwood floors and well-maintained kitchens and baths. The asset benefits from historically low tenant turnover, reflecting strong tenant satisfaction and consistent rental demand. Strong in-place income with upside potential through future rent growth and possible unit expansion opportunities (buyer to perform due diligence). Conveniently located just minutes from I-91, I-95, downtown New Haven, Yale University, and major employment centers, with close proximity to public transportation, schools, shopping, dining, and local businesses within a high-demand rental market. 2,3,4 BR units have gas heat and central air. 1BR units are all approx same size and are all electric with no central AC. Year built per City are: 1979,1930,1870. Qualified buyers only. Please do not enter on to property or approach tenants. Also listed as commercial MLS#24161782
119 days
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32
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Zillow last checked:
Listing updated:
Listed by:
Douglas Ledewitz(203)305-5282,
Pulse Realty LLC203-672-4888
Source: Smart MLS,MLS#: 24162101
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 16
Full bathrooms: 14
1/2 bathrooms: 2
Heating
Baseboard, Forced Air, Electric, Natural Gas
Cooling
Central Air, Window Unit(s)
Appliances
Included: Gas Water Heater, Electric Water Heater, Water Heater
Laundry: Coin Op Laundry, Common Area
Features
Windows: Thermopane Windows
Basement: Partial,Interior Entry,Partially Finished,Liveable Space
Attic: None
Has fireplace: No
Interior area
Total structure area: 10,394
Total interior livable area: 10,394 sqft
Finished area above ground: 10,394
Finished area below ground: 0
Property
Features
Patio & porch: Patio
Exterior features: Lighting
Lot
Size: 0.79 Acres
Features: Few Trees, Level
Details
Parcel number: 1239466
Zoning: RM1
Construction
Type & style
Home type: MultiFamily
Architectural style: Units on different Floors,Units are Side-by-Side
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Vinyl Siding
Foundation: Slab
Roof: Asphalt
Condition
New construction: No
Year built: 1979
Utilities & green energy
Sewer: Public Sewer
Water: Public
Green energy
Energy efficient items: Windows
Community & HOA
Community
Features: Golf, Library, Medical Facilities, Park, Near Public Transport, Shopping/Mall
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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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