593 Winchester Ave New Haven, CT 06511
Prospect Hill NeighborhoodEstimated payment $6,739/month
Total Views
5,930
18
Beds
6
Baths
5,382
Sq Ft
$195
Price per Sq Ft
Highlights
- Hot Water Circulator
- Coin Laundry
- 4-minute walk to Starr Street Community Farm
- Hot Water Heating System
- Level Lot
About This Home
Turnkey 6-unit multifamily just steps from Science Park and Yale. Fully gut-renovated inside and out, this asset features (6) large 3BR/1BA units with separate utilities-tenants pay heat and electric. Projected market rents of $2,050/unit yield a potential 10% cap rate. Coin-op laundry for additional income. Located in a high-demand rental corridor with sub-5% vacancy and strong tenant base driven by Yale, biotech growth, and nearby redevelopment. Ideal for investors seeking immediate cash flow and long-term upside in a supply-constrained market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,876
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Level Lot
Home Design
- 5,382 Sq Ft Home
- Side-by-Side
- Flat Roof Shape
- Concrete Foundation
- Frame Construction
- Flat Tile Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 18 Bedrooms
- 6 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Shared Basement
- Laundry in Basement
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
- Hot Water Circulator
Community Details
- 6 Units
- Coin Laundry
- Gross Income $147,600
Listing and Financial Details
- Assessor Parcel Number 1249462
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $1,050,000 | -4.5% | $195 / Sq Ft |
| 07/02/2025 07/02/25 | For Sale | $1,100,000 | 0.0% | $204 / Sq Ft |
| 07/02/2025 07/02/25 | Off Market | $1,100,000 | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $1,100,000 | 0.0% | $204 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $1,900 | -5.0% | $2 / Sq Ft |
| 06/23/2025 06/23/25 | For Rent | $2,000 | -- | -- |
Source: SmartMLS
Similar Homes in New Haven, CT
Source: SmartMLS
MLS Number: 24108378
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