Courtesy of: Douglas Ledewitz, Pulse Realty LLC, doug@pulserealty.com
Courtesy of: Douglas Ledewitz, Pulse Realty LLC, doug@pulserealty.com
$2,575,000
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20 bed
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16.00 Bath (14 Full , 2 Half)
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Lot: 0.79 Acres
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Other
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$2,575,000
83 E Grand Avenue 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. Qualified buyers only. Please do not enter on to property or approach tenants. Also listed as commercial MLS#24161782
Courtesy of: Douglas Ledewitz, Pulse Realty LLC, doug@pulserealty.com
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