373 Blatchley Avenue New Haven, CT 06513
Multi-Family
MLS #: 24110007
Listed By CENTURY 21 AllPoints Realty
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Property InformationDescription
This rare 9-unit multifamily offers tremendous value-add potential and strong cash flow upside. Each oversized unit is filled with natural light and features updated kitchens and baths, with several equipped with high-efficiency Navien systems for reduced operating costs. All utilities are separate and tenant-paid, maximizing income. Several units are already rent-ready and marketed-market comps show 1-bedrooms renting for $1,350/month and 2-bedrooms for $1,600/month. The local market is strong, with a recent 8-unit sale nearby closing at $1.88M. Prime location just minutes to State Street, I-91, I-95, and Yale University keeps demand high. With large square footage, solid rental demand, and room for renovations or lease-up, this property is poised for immediate returns and long-term appreciation. Don't miss this rare chance to invest in a thriving New Haven market!
Features
- Building Area: 7716.00 SF
- Cross Docks: N
- For Auction: N
- Location Name: 373 Blatchley Avenue , New Haven
- MLSID: 24110007
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Taxes: $18250.00
- Year Built: 1910
- Zoning: RM2
