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About This Home

This 16-bedroom, 12-bathroom residential multi family at 177 Chestnut Street in New Haven, CT is listed for $2,400,000 ($399 per sqft). Built in 1900, the home offers 6,009 sqft of living space on a 0.12 acres lot.

Agent Description

Turn-key 6-unit multifamily investment opportunity in New Haven's highly desirable Wooster Square neighborhood! Fully renovated and fully leased with long-term tenants in place, this income-producing asset offers true "collect the keys and collect the rent" ownership.

Ideally located just minutes from Downtown New Haven, Yale University, Yale New Haven Hospital, Union Station, I-95, and I-91, the property benefits from strong rental demand driven by education, healthcare, biotech, and technology sectors. The approximately 6,009 SF building features updated units with modern kitchens, renovated bathrooms, contemporary finishes, and attractive layouts that appeal to today's renters.

Tenants enjoy walkable access to Wooster Square Park, renowned restaurants including Frank Pepe's and Sally's Apizza, shopping, entertainment, cultural attractions, and direct rail access to New York City. With 5 off-street parking spaces, stable cash flow, and a premier location surrounded by ongoing residential and mixed-use development, this is a rare opportunity to own a fully stabilized multifamily asset in one of Connecticut's strongest rental markets.

Key Features

  • Built in 1900
  • 0.12 acre lot
  • 5 parking spaces

Property Details

12 full
5 spaces
1900

Amenities

A/C

Monthly Cost Estimate

$12,836/mo

20% down · 6.5% · 30 years

Principal$1,736
Interest$10,400
Insurance$700

Estimates only. Actual payments may vary.

Location

177 Chestnut Street

New Haven, CT 06511

Property Details

Heating

Hot Water(Heating)

Cooling

Central Air

Questions & Answers

This 16-bedroom, 12-bathroom residential multi family at 177 Chestnut Street is listed at $2,400,000 ($399/sqft). The estimated monthly payment is $10,400 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.12 acre lot, 5 parking spaces.

This property is listed by Arian Hoxha and can be reached at 2035584798 or arian@serhant.com.

AH

Arian Hoxha

Agent at Serhant Connecticut, LLC

(203) 558-4798

Listed by Serhant Connecticut, LLC · View on Broker Site

MLS# 24181250· Source: listhub· Updated 1 days ago

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177 Chestnut Street, New Haven, CT 06511

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