373 Blatchley Avenue New Haven, CT 06513
Multi-Family
MLS #: 24153821
Listed By CENTURY 21 AllPoints Realty
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Property InformationDescription
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
- Building Area: 7716.00 SF
- Cross Docks: N
- For Auction: N
- Location Name: 373 Blatchley Avenue , New Haven
- MLSID: 24153821
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Taxes: $18250.00
- Year Built: 1910
- Zoning: RM2
