$1,240,000

Estimated payment $8,277/month

Total Views 722
15 Beds
9 Baths
7,716 Sq Ft
$161 Price per Sq Ft

Highlights

  • Hot Water Circulator
  • Hot Water Heating System
  • Level Lot

About This Home

This rare 9-unit multifamily offers tremendous value-add potential and strong cash flow upside. Each oversized unit is filled with natural light and features updated kitchens and baths, with several equipped with high-efficiency Navien systems for reduced operating costs. All utilities are separate and tenant-paid, maximizing income. Several units are already rent-ready and marketed-market comps show 1-bedrooms renting for $1,350/month and 2-bedrooms for $1,600/month. The local market is strong, with a recent 8-unit sale nearby closing at $1.88M. Prime location just minutes to State Street, I-91, I-95, and Yale University keeps demand high. With large square footage, solid rental demand, and room for renovations or lease-up, this property is poised for immediate returns and long-term appreciation. Don't miss this rare chance to invest in a thriving New Haven market!

Listing Agent

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 08/12/2025

Century 21 AllPoints Realty

Co-Listing Agent

Chantal Lallier

Century 21 AllPoints Realty License #RES.0824820

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,250

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • 7,716 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 9 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 9 Units
  • Gross Income $74,580

Listing and Financial Details

  • Assessor Parcel Number 1243494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,250

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 7716
  • Total Sq Ft: 7716
  • Year Built: 1910
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Living Area Sq Ft Per Public Record: 7716
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 15
  • Total Bathrooms: 9
  • Full Bathrooms: 9
  • Basement Description: Full, Unfinished, Shared Basement
  • Attic: No
  • Street Number Modifier: 373

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Gable Tile
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • 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: 0.14
  • Lot Description: Level Lot
  • Zoning: RM2
  • Parcel #: 1243494

Multi Family

  • Gross Annual Income: 74580
  • Net Operating Income: 40290
  • Total Number Of Units: 9

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 18250
  • Total Assessed Value: 463190
  • Mil Rate Total: 39.4

MLS Schools

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/12/2025 08/12/25 For Sale $1,240,000 -- $161 / Sq Ft
Source: SmartMLS

Similar Homes in New Haven, CT

  • 83 James St, New Haven, CT 06513

    $945,000

    • 15 Beds
    • 7 Baths
    • 5,000 Sq Ft
    • 83 James St
    • New Haven, CT

    Investor's Dream! Welcome to 83 James Street, a rare opportunity to own TWO fully occupied multi-family homes on one lot, perfectly positioned on a high-visibility corner in a desirable location. This well-maintained 5-unit property consists of a solid 2-family and a separate 3-family dwelling, offering a strong income stream and long-term upside potential. Each building has been cared for with

    Marie Matta-Isona iVision Real Estate

    Section Image
  • 212 Sheffield Ave, New Haven, CT 06511

    $1,395,000

    • 16 Beds
    • 7 Baths
    • 7,480 Sq Ft
    • 212 Sheffield Ave
    • New Haven, CT

    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

    Jack Hill Seabury Hill REALTORS

    Section Image

Source: SmartMLS

MLS Number: 24110007

SmartMLS