Description
Rarely available 4 unit building in Edgewood neighborhood of New Haven! Excellent opportunity for investors and owner occupants to make this into a money maker! first floor features 2 units, each with one bedroom and approximately 500 SF. Second floor unit is a newly renovated 950 SF 2-bedroom unit, and the third floor has a 1 bedroom unit with a living room, about 650 SF. Foyer entrance on first floor common area, 4 separate electric meters and 4 separate gas fired hot-air furnaces. Driveway and off street parking in rear. Investors can achieve an 8% cap rate by renting at market level!
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5BEDS
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0.15ACRES
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4BATHS
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01/2 BATHS
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2,778SQFT
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$193$/SQFT
School Information
Description
Rarely available 4 unit building in Edgewood neighborhood of New Haven! Excellent opportunity for investors and owner occupants to make this into a money maker! first floor features 2 units, each with one bedroom and approximately 500 SF. Second floor unit is a newly renovated 950 SF 2-bedroom unit, and the third floor has a 1 bedroom unit with a living room, about 650 SF. Foyer entrance on first floor common area, 4 separate electric meters and 4 separate gas fired hot-air furnaces. Driveway and off street parking in rear. Investors can achieve an 8% cap rate by renting at market level!
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