East Haven, Connecticut 06513
A 6-unit multifamily offering strong in-place income plus immediate upside through lease-up. Current rents: Unit 1-$1,300, Unit 2-$1,550, Unit 3-$1,300, Unit 6-$1,375; Units 4 (1BR) and 5 (2BR) are empty. In-place gross: $5,525/mo with pro-forma potential up to ~$8,925/mo (market rent: Unit 4-$1,550 and Unit 5-$1,850). Located in a Class A neighborhood in the desirable Foxon area, close to I-95 & Route 1, shopping, dining, and minutes to downtown New Haven/Yale and East Haven beaches/parks. With lease-up alone, this can be positioned to achieve an 8-cap, making it an ideal value-add play with strong long-term fundamentals.
East Haven , Connecticut 06513
On market 47 days
30-year fixed. Includes taxes; estimates only.
Map location is based on the property address.
Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: 14130.
For Sale
Multi-Family
East Haven, Connecticut 06512
For Sale
Multi-Family
East Haven, Connecticut 06512
For Sale
Multi-Family
East Haven, Connecticut 06512
For Sale
Multi-Family
East Haven, Connecticut 06512
