83 East Grand Avenue, New Haven, CT 06513
83 East Grand Avenue, New Haven, CT 06513
83 East Grand Avenue, New Haven, CT 06513
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$2,445,000
Est. payment /mo
20 Beds
16 Baths
6,386 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 6,386 sqft

Price per Sqft $382

MLS Listing ID 24208234

Style Units on different Floors,Units are Side-by-Side

Bedrooms 20

Full Baths 14

Half Baths 2

Year Built 1979

Annual Tax Amount $37,428

Lot Size 0.790 Acres

Property Sub-Type 5 Family+

Property Description

Updated and well-maintained, fully occupied 13-unit multifamily investment located on East Grand Avenue in New Haven's Fair Haven Heights neighborhood. The property consists of three buildings with a varied unit mix including nine 1-bedroom townhouse-style units, two ADA-compliant 2-bedroom units, and larger 3- and 4-bedroom apartments. Interiors feature a combination of tile and hardwood flooring, wood cabinetry, granite countertops, and well-maintained kitchens and baths. The property has historically experienced low tenant turnover and offers strong current in-place rental income with additional upside potential through future rent growth. Potential may also exist for additional unit or development opportunities, subject to applicable approvals and buyer due diligence. The 2-, 3- and 4-bedroom units have gas heat and central air. The 1-bedroom units are similar in size and all-electric. Convenient access to I-91, I-95, Downtown New Haven, Yale University, public transportation, shopping, dining and major employment centers. City records indicate building years of 1979, 1930 and 1870. Please do not enter the property or approach tenants. Also listed as MLS #24208278

Location

State CT

County New Haven

Zoning RM1

Rooms

Basement Partial, Interior Access, Partially Finished, Liveable Space, Partial With Walk-Out

Interior

Heating Baseboard

Cooling Central Air, Window Unit

Exterior

Exterior Feature Lighting, Patio

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Lightly Wooded, Level Lot

Foundation Slab

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed


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Listed by Douglas Ledewitz • Pulse Realty LLC

 

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Justin Cabral

Justin Cabral

Business Development Manager / Agent

+1(203) 217-2326

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