About This Home
This 20-bedroom, 16-bathroom residential multi family at 83 E Grand Avenue in New Haven, CT is listed for $2,445,000 ($383 per sqft). Built in 1979, the home offers 6,386 sqft of living space on a 0.79 acres lot.
Key Features
- Built in 1979
- 0.79 acre lot
Property Details
Amenities
Updated and well-maintained, fully occupied 13-unit multifamily investment located on East Grand Avenue in New Haven's Fair Haven Heights neighborhood. The property consists of three buildings with a varied unit mix including nine 1-bedroom townhouse-style units, two ADA-compliant 2-bedroom units, and larger 3- and 4-bedroom apartments.
Interiors feature a combination of tile and hardwood flooring, wood cabinetry, granite countertops, and well-maintained kitchens and baths. The property has historically experienced low tenant turnover and offers strong current in-place rental income with additional upside potential through future rent growth.
Potential may also exist for additional unit or development opportunities, subject to applicable approvals and buyer due diligence. The 2-, 3- and 4-bedroom units have gas heat and central air. The 1-bedroom units are similar in size and all-electric.
Convenient access to I-91, I-95, Downtown New Haven, Yale University, public transportation, shopping, dining and major employment centers. City records indicate building years of 1979, 1930 and 1870. Please do not enter the property or approach tenants. Also listed as MLS #24208278
Monthly Cost Estimate
$13,076/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
83 E Grand Avenue
New Haven, CT 06513
Features & Amenities
Exterior Features
Property Details
Outdoor Features
Heating
Cooling
Questions & Answers
This 20-bedroom, 16-bathroom residential multi family at 83 E Grand Avenue is listed at $2,445,000 ($383/sqft). The estimated monthly payment is $13,076 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1979, 0.79 acre lot. Exterior Features: Lighting,Patio.
This property is listed by Douglas Ledewitz and can be reached at 2033055282.