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1351 State Street
New Haven CT 06511 US

$2,350,000

Active Listing ID 24121846
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13 bed
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Lot: 0.12 Acres
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Other

$2,350,000

Active Listing ID 24121846
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1351 State Street House #1- 1014-1016 Noble Ave Bridgeport. Incredible income-generating opportunity with this 18-room legal rooming house, fully compliant and positioned for maximum return. Projected annual income at full capacity $168, 300. One room occupied rent-free by on-site property manager. Ideal for investors seeking steady cash flow and minimal vacancies features 16 private rooms 2 efficiency units and 2 shared bathrooms. Average room size: 14' x 15' some bigger. House #2- 1351 State St New Haven: Rare opportunity to acquire a fully legal, income-producing rooming house for over 30 years with strong cash flow and long-term stability. Features 12 rentable rooms + 1 efficiency unit and a separate commercial space with State Street frontage. 2 shared bathrooms, shared kitchen, plus coin-op laundry setup potential. On-site manager's apartment (1 bed, 1 bath, kitchen, living space) Small room on lower level for an office. Commercial Space features separate entrance with 1 bath, ideal for restaurant, office, or retail. Gross income potential: approx. $168, 000/year. Key Investor Features: Turnkey operation with decades-long rental history, well-maintained: 7 yr old roof, newer siding, and windows, dry full basement with potential for storage or laundry income, average room size 12x10 or bigger. These are 2 stable, cash-flowing assets in a prime Bridgeport & New Haven location. Ideal for seasoned or new investors seeking a high-cap rate property with upside in commercial revenue.

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: None (Cooling)
  • Roof Type: Asphalt, Shingle
  • Heating Fuels: Electric (Heating), Hot Water (Heating)

School Information

  • School
  • Per Board of Ed(Elementary)
  • Per Board of Ed(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2350000
  • unparsedaddress: 1351 State Street
  • postalcity: New Haven
  • stateorprovince: CT
  • country: US
  • postalcode: 06511
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.12
  • lotsizeunits: Acres
  • lotsizearea: 0.12
  • livingarea: 3965
  • livingareaunits: Square Feet
  • listagentfullname: Latasha Eaddy
  • listagentemail: Leaddy@eaddyestates.com
  • listagentkey: 3yd-CTMLS-EADDYL
  • listagentmlsid: EADDYL
  • listagentpreferredphone: 2032098936
  • listagentofficephone: 2037138330
  • listofficekey: 3yd-CTMLS-EADD70
  • listofficemlsid: EADD70
  • disclaimer: Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CTMLS
  • yearbuilt: 1900
  • listingcontractdate: 2025-08-26
  • listagenturl: http://www.eaddyestates.com
  • countyorparish: New Haven
  • parcelnumber: 1241881
  • elementaryschool: Per Board of Ed
  • highschool: Per Board of Ed
  • cooling: None (Cooling)
  • constructionmaterials: Vinyl Siding
  • heating: Electric (Heating), Hot Water (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 7
  • parkingfeatures: Driveway, Paved or Surfaced
  • roof: Asphalt, Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Eaddy Associates Realty Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Leaddy@eaddyestates.com", "ListBrokerageCity":"Milford", "ListBrokerageCountry":"US", "ListBrokerageEmail":"leaddy@eaddyestates.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Eaddy Associates Realty Group", "ListBrokeragePhone":"(203) 713-8330", "ListBrokeragePostalCode":"06460", "ListBrokerageStateOrProvince":"CT", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"202 Bridgeport Ave", "ListBrokerageWebsiteUrl":"http://www.eaddyestates.com", "ListOfficeAddress1":"202 Bridgeport Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Milford", "ListOfficeCountry":"US", "ListOfficeEmail":"leaddy@eaddyestates.com", "ListOfficePostalCode":"06460", "ListOfficeStateOrProvince":"CT", "ListPriceCurrencyType":"USD", "ListingTitle":"5 Family+, Units On Different Floors - New Haven, CT", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1351-State-St_New-Haven_CT_06511_M95332-69918?f=listhub&s=CTMLS&m=24121846&c=rexren", "MLSModificationTimestamp":"2025-10-07T22:52:26Z", "Neighborhoods":[{"Description":null, "Name":"East Rock"}], "PostalCode":null, "RawPropertySubType":"5 Family+", "RawPropertyType":"Multi-Family For Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/10/2025 10:12:42 PM GMT
Source Updated Date: 12/17/2025 6:45:25 PM GMT

Courtesy of: Latasha Eaddy, Eaddy Associates, Leaddy@eaddyestates.com

Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.