$1,795,000
$155K PRICE DROP

86 Cove St New Haven, CT 06512

East Shore Neighborhood

Estimated payment $11,363/month

Total Views 5,614
6 Beds
8 Baths
4,010 Sq Ft
$448 Price per Sq Ft

Highlights

  • Waterfront
  • Covered Deck
  • Balcony
  • 0.5 Acre Lot
  • 6 Fireplaces
  • 4-minute walk to Lighthouse Point Park

About This Home

Welcome to 86-88 Cove Street, a rare direct waterfront four-unit building in New Haven's Cove neighborhood. This well-maintained property offers a unique opportunity for both investors and owner-occupants seeking a strong income-producing asset. Units feature beautiful hardwood floors, forced hot air with central air conditioning for year-round comfort, and private balconies overlooking the water and fireplaces. The building also includes a four-car garage, providing valuable parking and storage space. With its combination of location, character, and water frontage, this property is a standout multi-family offering on the market today. Seller financing available 10% down at 6% IO.

Listing Agent

David Candelora

RE/MAX Showcase Brokerage Phone: (203) 804-0058 License #REB.0791964 Listed on: 09/03/2025

RE/MAX Showcase

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,831

Year Built

  • Built in 1920

Lot Details

  • 0.5 Acre Lot
  • Waterfront

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,010 Sq Ft Home
  • Built In Speakers
  • 6 Fireplaces
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Home Security System
  • Smart Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Car Garage
  • Parking Deck

Outdoor Features

  • Balcony
  • Covered Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1236451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,831

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Morris Cove
  • Property Type: Multi-Family For Sale
  • Style: 4sides - Units Are Side-by-Side, 4updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4010
  • Total Sq Ft: 4010
  • Year Built: 1920
  • New Construction: No/Resale
  • Property Sub Type: 4 Family
  • Direct Waterfront: Yes
  • Directions: Townsend to Cove, GPS Friendly
  • Street Type: Street
  • Office Attribution Contact: (203) 263-1111
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Fireplaces: 6
  • Basement Description: Crawl Space, Unfinished
  • Laundry Room Location: Closet in Kitchen, and bedroom
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Home Automation: Appliances, Built In Audio, Security System

Exterior Features

  • Exterior Features: Balcony, Deck, Covered Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: None
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage Walk to Water Beach View Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 4
  • Total Parking Spaces: 10
  • Garage And Parking: Detached Garage, Paved, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.5
  • Lot Description: Water View
  • Zoning: RS2
  • Parcel #: 1236451

Multi Family

  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 22831

MLS Schools

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

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
11/11/2025 11/11/25 Price Changed $1,795,000 -7.9% $448 / Sq Ft
09/03/2025 09/03/25 For Sale $1,950,000 -- $486 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24127300

SmartMLS
Connecticut New Haven County New Haven 06512 East Shore

86 Cove St, New Haven, CT

For Sale

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David Candelora
Listing Agent
David Candelora
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RE/MAX Showcase
(203) 813-4899