485 East Street, New Haven CT 06511 (Off Market)

For Sale, USD 385,000


485 East Street, New Haven CT 06511,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,616 ft² / 243 m²

Land Size : N/A

Bedroom : 9

Bathroom : 3

Half Bathroom : 0

MLS#: N/A


Property Description

This 3-family property, situated directly across from Jocelyn Park, offers a rare chance to acquire a multifamily building in a highly desirable location. Just steps from East St. and State St., tenants will enjoy easy access to local restaurants, bars, and shops, making this a sought-after rental location. Each unit features 2-3 bedrooms with abundant natural light, perfect for attracting quality tenants. Two of the units boast updated kitchens and bathrooms, ready for immediate occupancy or rental. The first unit is currently rented at below-market value, providing clear potential for rent increases and higher cash flow. Investors will recognize the serious upside here-whether you're looking to stabilize the asset with market-rate tenants or owner-occupy and have your mortgage covered by rental income. With updated properties in the area fetching $480k and higher, this is a solid value-add play with significant appreciation potential. Property is being sold as-is, where-is-ideal for savvy investors who understand the potential in New Haven's growing rental market.
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485 East Street, New Haven CT 06511, United States,Connecticut,New Haven is a 2,616ft² New Haven luxury Multi-Family Home listed for sale USD 385,000. This high end New Haven Multi-Family Home is comprised of 9 bedrooms and 3 baths. Find more luxury properties in New Haven or search for luxury properties for sale in New Haven.