83 East Grand , New Haven, CT 06513

$2,575,000
  • 83 East Grand , New Haven, CT 06513 Main Photo

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Active
SQUARE FEET10,394 MLS#24161782
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Updated and well-maintained, fully rented, 13-unit multifamily portfolio located on East Grand Ave in New Haven's Fair Haven Heights neighborhood. The property consists of three buildings with a desirable unit mix including 1-bedroom townhome-style units, ADA-compliant 2-bedroom units, and larger 3 and 4 bedroom apartments. Units feature quality interior finishes such as tile flooring, wood kitchen cabinets, granite countertops, hardwood floors and well-maintained kitchens and baths. The asset benefits from historically low tenant turnover, reflecting strong tenant satisfaction and consistent rental demand. Strong in-place income with upside potential through future rent growth and possible unit expansion opportunities (buyer to perform due diligence). Conveniently located just minutes from I-91, I-95, downtown New Haven, Yale University, and major employment centers, with close proximity to public transportation, schools, shopping, dining, and local businesses within a high-demand rental market. 2,3,4 BR units have gas heat and central air. 1BR units are all approx same size and are all electric with no central AC. Year built per City are: 1979,1930,1870. Qualified buyers only. Please do not enter on to property or approach tenants. Also listed as multi MLS#: 24162101

83 East Grand | MLS# 24161782

This commercial property located at 83 East Grand , New Haven, CT 06513 is currently listed for sale with an asking price of $2,575,000. Search New Haven real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, Window Unit
Fuel Type: Electric, Natural Gas
Heating: Baseboard, Hot Air
Lot Size: 0.79 Acres
Roof Type: Asphalt Shingle
Taxes: $36,902
Year Built: 1979

Feature Descriptions

Days on Site: 7
Exterior: Gutters, Lighting
Flooring: Ceramic Tile, Wall-to-Wall Carpet, Wood
Lot: Level Lot
Road Type: Paved Road
Sewer: Public Sewer Connected
Units: 13
Utility Features: Electric, Gas, Telephone, Cable
Water: Public Water Connected

Listed By / Shown By

Listing By

Agency Name: Pulse Realty LLC
Agency Phone: (203) 6724888
Agent Name: Douglas Ledewitz

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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