BEDS7
BATHS6 full
SQUARE FEET3,364
MLS#24155329
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
A 6-unit multifamily offering strong in-place income plus immediate upside through lease-up. Current rents: Unit 1-$1,300, Unit 2-$1,550, Unit 3-$1,300, Unit 6-$1,375; Units 4 (1BR) and 5 (2BR) are empty. In-place gross: $5,525/mo with pro-forma potential up to ~$8,925/mo (market rent: Unit 4-$1,550 and Unit 5-$1,850). Located in a Class A neighborhood in the desirable Foxon area, close to I-95 & Route 1, shopping, dining, and minutes to downtown New Haven/Yale and East Haven beaches/parks. With lease-up alone, this can be positioned to achieve an 8-cap, making it an ideal value-add play with strong long-term fundamentals.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial, Partially Finished
Cooling: None
Fuel Type: Natural Gas
Heating: Hot Air
Home Style: Units on different Floors, Units are Side-by-Side
Lot Size: 0.34 Acres
Roof Type: Asphalt Shingle
Taxes: $9,677
Year Built: 1920
Feature Descriptions
Days on Site: 105
Exterior: Aluminum
Lot: Level Lot, Sloping Lot
Parking Spaces: 8
Sewer: Public Sewer Connected
Units: 6
Water: Public Water Connected
Waterfront: Not Applicable
Local Schools
High School: East Haven
Elementary School: Per Board of Ed
Listed By / Shown By
Listing By
Agency Name: Roundtree Realty LLC
Agent Name: Aharon Cowen
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 3,069.41 per month $2,000.78 Principal & Interest $806.42 Property Tax $262.21 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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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 2021 SmartMLS, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility
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 2021 SmartMLS, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility
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Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
116 Old Foxon | MLS# 24155329
This multi-family property located at 116 Old Foxon, East Haven, CT 06513 is currently listed for sale with an asking price of $899,000. Search East Haven real estate on www.coldwellbankerchoice.com today.