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33327148
33327149

177 CHESTNUT ST, NEW HAVEN, CT 06511

TM
CT 0791434
SERHANT Connecticut
Listed by SERHANT Connecticut
$2,400,000
2 days on market
Updated 2 days ago
Opportunity zone

177 CHESTNUT ST NEW HAVEN CT 06511

Details
APN NHVN M:208 B:0563 L:01000
Property Type Multifamily
Square Footage 6,009
Units 6
Cap Rate 5.96%
NOI $142,922
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 5.96%
Pro-Forma NOI $142,922
Price per SqFt $399
Year Built 1900
Year Renovated 2026
Buildings 1
Stories 3
Lot Size (SqFt) 5,010
Zoning RM2
Parking Spaces spaces
Sale Condition N/A

Turn-key 6-unit multifamily investment opportunity in Wooster Square

Marketing description

Fully renovated and fully leased with long-term tenants in place, this income-producing asset offers true "collect the keys and collect the rent" ownership. Ideally located just minutes from Downtown New Haven, Yale University, Yale New Haven Hospital, Union Station, I-95, and I-91, the property benefits from strong rental demand driven by education, healthcare, biotech, and technology sectors. The approximately 6,009 SF building features updated units with modern kitchens, renovated bathrooms, contemporary finishes, and attractive layouts that appeal to today's renters. Tenants enjoy walkable access to Wooster Square Park, renowned restaurants including Frank Pepe's and Sally's Apizza, shopping, entertainment, cultural attractions, and direct rail access to New York City. With 5 off-street parking spaces, stable cash flow, and a premier location surrounded by ongoing residential and mixed-use development, this is a rare opportunity to own a fully stabilized multifamily asset in one of Connecticut's strongest rental markets.

Investment highlights

100% Leased ! Ideally located just minutes from Downtown New Haven, Yale University, Yale New Haven Hospital, Union Station, I-95, and I-91, the property benefits from strong rental demand driven by education, healthcare, biotech, and technology sectors.

Listing Contacts

TM
CT 0791434
SERHANT Connecticut
Listed by SERHANT Connecticut

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$142,922.00
$11,910.17/mo

Valuation Metrics

0
DSCR
5.96%
Cap Rate
5.96%
ROI

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Additional Information

Name
Tonino Mavuli
License
0791434
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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