Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 29 BR
Bathrooms: 1
Pets: Pets Unknown
Area: 25596 sq ft

Financials

Price:$3,600,000
Annual Taxes:$76,525
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Daniel James Shawah of Baldwin Pearson & Co., Inc

Description

Baldwin Pearson & Co., Inc. is proud to present 850 Grand Avenue, New Haven, CT 06511, an outstanding multifamily investment opportunity in the heart of one of New Haven's most desirable neighborhoods, Wooster Square. This expansive, three-story property encompasses approximately 26,000 square feet and features 18 generously sized apartments, offering a mix of one-, two-, and three-bedroom units. With strong in-place cash flow and significant upside potential through targeted rent increases, 850 Grand Avenue presents a compelling opportunity for investors seeking both immediate returns and long-term growth in one of Connecticut's most well established and historic cities. Property Highlights: Significant upside potential through rent increases across all unit types Spacious units, many featuring in-unit washers and dryers Private, on-site parking lot Separately metered utilities for tenant convenience and owner efficiency Elevator-served building for added tenant comfort and accessibility Prime location, just steps from Wooster Square, Yale University, and the vibrant amenities of downtown New Haven

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Split System

Baldwin Pearson Co., Inc.


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