246 Newhall St, New Haven, CT 06511
- $430,000
- 7
- BD
- 3
- BA
- 1,817
- SqFt
- List Price
- $430,000
- Status
- ACTIVE
- MLS#
- 24186109
- Price Change
- ▼ $20,000 1784925456
- Year Built
- 1903
- Style
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Acres
- 0.06
- Living Area
- 1,817
- Neighborhood
- N/A
Property Description
Investor-friendly three-family property in the heart of New Haven! This income-producing multifamily presents an excellent opportunity to expand your investment portfolio or owner-occupy one unit while generating rental income from the other two. The sale includes the adjacent lot at 242 Newhall Drive, offering additional potential. Buyers are encouraged to conduct their own research regarding zoning, permits, and the possibility of future development. Each unit features separate utilities for added convenience and simplified property management. Ideally located just minutes from downtown New Haven, Yale University, major hospitals, public transportation, shopping, dining, and easy access to major highways. All units are rented in the property, generating $3,850/month ($46,200 annually) - bringing a high gross yield to the listing price. New owners enjoy immediate revenue from day one.
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Additional Information
- Taxes
- $5,211
- Lot Size
- 2,613
- Heating
- Natural Gas
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full, Unfinished
- Elementary School
- Per Board of Ed
- Middle School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Nathaniel Correa from Smart Realty Services Corp. (203) 247-8512 (203) 437-7919
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