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.
Listing By
Agency Name: Smart Realty Services Corp
Agent Name: Nathaniel Correa
Agency Phone: (203) 4377919
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 1,510.58 per month $956.99 Principal & Interest $428.17 Property Tax $125.42 Homeowner's InsuranceColdwell BankerĀ® 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.
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246 Newhall | MLS# 24186109
This multi-family property located at 246 Newhall, New Haven, CT 06511 is currently listed for sale with an asking price of $430,000. Search New Haven real estate on www.coldwellbankerchoice.com today.