15 Colby
New Haven, CT 06515

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 16 BR
Bathrooms: 16
Area: 10000 sq ft

Financials

Price:$1,750,000
Annual Taxes:$2,049
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Michael Bachmann of HomeSmart Homes and Estates

New construction four unit townhome asset totaling approximately 10, 000 gross square feet, offered as a single investment property.

Description

New construction four-unit townhome asset totaling approximately 10,000 gross square feet, offered as a single investment property. The owner is a reputable local builder and is seeking a market-value sale to a landlord owner or investor. A condominium association has not been created. Property will transfer as one asset. A future condo conversion remains an optional upside strategy, but is not required for ownership or operation - offering flexible exit options. The building consists of four modern townhome units, each approximately 2,500 SF, configured as 4 bedrooms and 3.1 bathrooms. Every unit includes a private one-car garage, private deck, and high-end interior finishes designed for durability and long-term rental performance. All units are separately metered, supporting efficient expense allocation and clean operations. Interiors feature hardwood flooring, tile bathrooms, central air conditioning, stainless steel appliances, and in-unit washer and dryer. The property includes three on-site guest parking spaces in addition to garages, as well as a bike rack, enhancing tenant usability and urban appeal. Construction quality is strong throughout, positioning the asset as a low-maintenance long-term hold. Properties of this quality and scale rarely come to market in New Haven. Taxes will be phased in for the first 5 years. 7 Minutes to SCSU, 10 Minutes to Yale, 11 Minutes to UNH. 12 PERCENT PRO FORMA CAP R-A-T-E

Amenities

  • Deck
  • Elementary School - Per Board of Ed
  • Gutters
  • Heat Pump
  • High School - Per Board of Ed
  • Intermediate School -
  • Lighting
  • Sidewalk

SmartMLS

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