15 Colby Ct, New Haven, CT 06515
- $1,750,000
- 16
- BD
- 16
- BA
- 10,000
- SqFt
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- 24176677
- Year Built
- 2026
- Bedrooms
- 16
- Bathrooms
- 16
- Acres
- 0.19
- Living Area
- 10,000
- Neighborhood
- Westville
Property Description
This newly constructed four-unit townhome asset presents a rare opportunity to acquire a core-plus multifamily property in the New Haven market. Built by a reputable local developer, the property is offered as a single investment asset, ideal for investors seeking stable long-term cash flow with future upside. Each of the four townhome-style units is approximately 2,500 square feet and configured with 4 bedrooms and 3.5 bathrooms. Features include hardwood flooring, tiled bathrooms, central air, stainless steel appliances, in-unit laundry, private decks, and one-car garages. Each unit is separately metered for utilities, supporting efficient management and expense control. Guest parking is also included for added convenience. The property will convey as a single asset with no existing condominium association in place. A future condo conversion may offer additional exit flexibility and potential value enhancement. Located within 7-11 minutes of Yale University, Southern Connecticut State University, and the University of New Haven, the property benefits from consistent rental demand driven by nearby universities, faculty, and medical professionals. Projected market rents are $4,500 per unit per month, supporting an estimated gross annual income of approximately $216,000 based on current assumptions.
/u.realgeeks.media/mavulifox/logos/Mavuli_and_Fox_Serhant.png)
Additional Information
- Taxes
- $2,049
- Lot Size
- 8,276
- Heating
- Heat Pump
- Cooling System Type
- Heat Pump
- Water Source
- Public
- Basement
- None
- Exterior Features
- Sidewalk, Deck, Lighting
- Garage Spaces
- 4
- Parking Spaces
- 16
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Michael Bachmann from HomeSmart Homes and Estates. (203) 833-3681 (203) 557-5088
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.