Exceptional investment opportunity in the heart of New Haven !


Property

Website:https://www.nestseekers.com/5331952
Address:
111 Chapel
New Haven, CT 06513
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 6
Area: 4705 sq ft

Financials

Price:$725,000
Annual Taxes:$13,291

Description

Exceptional investment opportunity in the heart of New Haven! This well-maintained six-family property generates a strong $93,000 in annual gross revenue and is fully occupied. The building features three floors with side-by-side units, totaling six spacious one-bedroom apartments. Each unit offers hardwood flooring, generous living space, and excellent natural light, creating comfortable living environments for tenants. The property has been thoughtfully maintained, with units in wonderful condition, ensuring long-term stability and appeal to renters. Located close to downtown New Haven, major universities, hospitals, public transportation, and highway access, this property provides both convenience and consistent rental demand. Whether you're a seasoned investor looking to expand your portfolio or a first-time multifamily investor, this property delivers cash flow, location, and long-term potential.

Amenities

  • Elementary School - Conte-West
  • High School - Wilbur Cross
  • Intermediate School - Per Board of Ed
  • Window Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Javyn Roundtree of Roundtree Realty LLC