420 & 424 Orchard Street, New Haven, CT 06511
6 Unit Apartment Building Offered at $890,000 in New Haven, CT 06511
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $890,000
- Property Type
-
Multifamily
- Square Feet
- 6,648 SF
Listing Contacts
Lisa Cozzi
Verified Profile
Tyler DeVecchis
Verified Profile
- Property Info
Property Overview
Lisa Cozzi is the exclusive listing agent for these amazing 3-unit assets on a tree lined street asset located in the Dwight neighborhood, filled with historical parks, hospitals and less than a mile to Yale University. The asset has tenant paid utilities & is perfect for the owner-occupied buyer or Investor. The unit mix is: 2; 3 bedroom/1 bathroom (rental comps are $2700 for quality condition rentals in the area) & 1; 2 bedroom/1 bathroom units (Rents go as high as $2,000/month for quality condition) for one property. There are no arrears. The current rent is $1250 on the 2nd floor (3 bed), which is below market. The other property has a unit Mix of the 1st Floor, 3 Bed & 1 Bath: 2nd & 3rd is 2 Bed & 1 Bath; 1st & 2nd Floor Heat is Baseboard Hot Water fueled by Natural Gas; 3rd Floor Heat is Warm Air by Natural Gas. There are two units ready to rent. Unit 1 has natural light, a large eat in kitchen, built-in cabinets & gleaming hardwood floors. The property has a fenced in backyard with off street parking. Investors and agents please take note, both 424 and 420 Orchard are being sold together or separately. The numbers sheet attached contains both properties and their numbers.
Property Details
- Year Built
- 1820
- Stories
- 3
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 6
Nearby Properties
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