Listed by Century 21 Allpoints Realty Southington
$1,100,000
373 Blatchley Avenue
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 7,716
Units 9
9 Unit New Haven
Marketing description
Rare 9-unit multifamily opportunity offering significant value-add potential in a strong New Haven rental market. The property features oversized units with abundant natural light and separate, tenant-paid utilities. Several units include updated kitchens and baths, and some are equipped with high-efficiency Navien systems, providing a solid foundation for improvements. The property currently presents a lease-up and renovation opportunity for investors seeking to reposition and stabilize an asset with substantial upside. Market rents in the area support strong income potential, with 1-bedroom units achieving approximately $1,350/month and 2-bedrooms approximately $1,600/month.Ideally located just minutes from State Street, I-91, I-95, and Yale University, the property benefits from consistent rental demand and proximity to major employment and education hubs. With large unit sizes, desirable location, and clear path to increased occupancy and rental growth, this is an excellent opportunity for investors looking to create value and drive long-term appreciation.
Listing Contacts
Listed by Century 21 Allpoints Realty Southington
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Zoning
RM2 ResidentialMulti FamilyHigh Middle Density Residence
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