$1,395,000
UNDER CONTRACT

Estimated payment $9,367/month

Total Views 5,458
16 Beds
7 Baths
7,480 Sq Ft
$186 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Laundry Facilities
  • Level Lot

About This Home

Amazing fully occupied 7 unit brick building two blocks away from Science Park, Albertus Magnus and a short bike ride to Downtown New Haven & Yale! The building is fully occupied with great tenants. The building consist of three spacious (3 bed, 1 bath apartment), three (2 bedroom, 1 bath) apartments and one (1 bed, 1 bath apartment). The apartments feature spacious living rooms with hardwood floors, fully appliance tiled kitchens, partially updated baths, in unit laundry and spacious bedrooms with great closet space. Narrow parking lot in the rear of building. Excellent income with gross rents of $164,013 and a net income of $110,977. The building is currently being offered with a 7.85 cap rate with plenty of room to grow.

Listing Agent

Jack Hill

Seabury Hill REALTORS License #REB.0795121 Listed on: 07/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,372

Year Built

  • Built in 1963

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Brick Exterior Construction
  • Concrete Foundation
  • Masonry Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • 7 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 1249288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,372

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 6500
  • Sq Ft Est Heated Below Grade: 980
  • Total Sq Ft: 7480
  • Year Built: 1963
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Highland Street to Sheffield Avenue
  • Living Area Sq Ft Per Public Record: 6500
  • Street Type: Avenue
  • Special Features: UnderContract

Interior Features

  • Total Bedrooms: 16
  • Total Bathrooms: 7
  • Full Bathrooms: 7
  • Basement Description: Full
  • Laundry Room Location: In unit and common in basement
  • Laundry Room Info: Common Laundry Area, Washer/Dryer Some Units
  • Attic: No
  • Street Number Modifier: 212

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Other
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.31
  • Lot Description: Level Lot
  • Zoning: RM2
  • Parcel #: 1249288

Multi Family

  • Total Number Of Units: 7

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 21372
  • Total Assessed Value: 542430
  • Mil Rate Total: 39.4

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $1,395,000 -- $186 / Sq Ft
Source: SmartMLS

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SmartMLS