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$1,100,000 USD
373 Blatchley Avenue
New Haven, Connecticut 06513
USA
New Haven, Connecticut 06513
USA
716.816 m2 ::
7,716 sqft
Commercial for Sale, Multi-Family Home
Sale price per sqm: 1,534.51
Tax: 18,250 USD
Remarks:
Rare 9-unit multifamily opportunity offering significant value-add potential in a strong New Haven rental market. The property features oversized units with abundant natural light and separate, tenant-paid utilities. Several units include updated kitchens and baths, and some are equipped with high-efficiency Navien systems, providing a solid foundation for improvements. The property currently presents a lease-up and renovation opportunity for investors seeking to reposition and stabilize an asset with substantial upside. Market rents in the area support strong income potential, with 1-bedroom units achieving approximately $1,350/month and 2-bedrooms approximately $1,600/month.Ideally located just minutes from State Street, I-91, I-95, and Yale University, the property benefits from consistent rental demand and proximity to major employment and education hubs. With large unit sizes, desirable location, and clear path to increased occupancy and rental growth, this is an excellent opportunity for investors looking to create value and drive long-term appreciation.
Features:
- Year Built: 1910
Location:
373 Blatchley Avenue, New Haven, Connecticut 06513, USA
Listed By CENTURY 21 AllPoints Realty
The Commercial for Sale, Multi-Family Home located at 373 Blatchley Avenue, New Haven, Connecticut 06513, USA is currently for sale. 373 Blatchley Avenue, New Haven, Connecticut 06513, USA is listed for $1,100,000 USD. This property has 7,716 sqft. If the property located at 373 Blatchley Avenue, New Haven, Connecticut 06513, USA isn't what you're looking for, search Connecticut Real Estate to see other Commercial For Sale in New Haven.
