About This Home
This 0-bedroom, 15-bathroom commercial at 83 E Grand Avenue in New Haven, CT is listed for $2,445,000 ($235 per sqft). Built in 1979, the home offers 10,394 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 rented, 13-unit multifamily portfolio located on East Grand Ave in New Haven's Fair Haven Heights neighborhood. The property consists of three buildings with a desirable unit mix including 1-bedroom townhome-style units, ADA-compliant 2-bedroom units, and larger 3 and 4 bedroom apartments.
Units feature quality interior finishes such as tile flooring, wood kitchen cabinets, granite countertops, hardwood floors and well-maintained kitchens and baths. The asset benefits from historically low tenant turnover, reflecting strong tenant satisfaction and consistent rental demand.
Strong in-place income with upside potential through future rent growth and possible unit expansion opportunities (buyer to perform due diligence). Conveniently located just minutes from I-91, I-95, downtown New Haven, Yale University, and major employment centers, with close proximity to public transportation, schools, shopping, dining, and local businesses within a high-demand rental market.
2,3,4 BR units have gas heat and central air. 1BR units are all approx same size and are all electric with no central AC. Year built per City are: 1979,1930,1870. Please do not enter on to property or approach tenants. Also listed as multi MLS#: 24208234
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
Flooring
Heating
Cooling
Questions & Answers
This 0-bedroom, 15-bathroom commercial at 83 E Grand Avenue is listed at $2,445,000 ($235/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: Gutters,Lighting.
This property is listed by Douglas Ledewitz and can be reached at 2033055282.
