NOMADEReal Estate

$1,950,000

Active

86-88 Cove Street

New Haven, Connecticut, 06512 · New Haven County

6

Beds

8

Baths

4,010

Sq Ft

1998

Built

MLS # 24127300

Price / Sq Ft

$486

Property Type

Multi-Family For Sale

Lot Size

0.5

Class

Property

About This Property

Welcome to 86-88 Cove Street, a rare direct waterfront four-unit building in New Haven's Cove neighborhood. This well-maintained property offers a unique opportunity for both investors and owner-occupants seeking a strong income-producing asset. Units feature beautiful hardwood floors, forced hot air with central air conditioning for year-round comfort, and private balconies overlooking the water and fireplaces. Bathrooms in the units have all been remodeled. 88A and 86A units have been remodeled. The building also includes a four-car garage, providing valuable parking and storage space. With its combination of location, character, and water frontage, this property is a standout multi-family offering on the market today. Seller financing available 10% down at 6% IO.

Property Details

86-88 Cove Street, New Haven Connecticut 06512 — Multi-Family For Sale listed at $1,950,000.

At a Glance

6

Bedrooms

8

Bathrooms

4,010

Sq Ft

0.5

Lot Size

--

Garage

1998

Year Built

The Details

Property TypeMulti-Family For Sale
NeighborhoodNew Haven
Address86-88 Cove Street
MLS Number24127300
Year Built1998
Square Footage4,010
Lot Size0.5
Bedrooms6
Bathrooms8
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value579460
Mil Rate Total39.4
Property Tax22831
Tax YearJuly 2025-June 2026

Property Features

Basement DescriptionCrawl Space,Unfinished
Cooling SystemCentral Air
Exterior FeaturesBalcony,Deck,Covered Deck
Exterior SidingVinyl Siding
Fireplaces Total6
Foundation TypeNone
Garage ParkingDetached Garage,Paved,Off Street Parking
Garages Number4
Heat Fuel TypeNatural Gas
Heat TypeHot Air
Home AutomationAppliances,Built In Audio,Security System
Hot Water DescriptionNatural Gas,40 Gallon Tank
Laundry Room InfoWasher/Dryer All Units
Laundry Room LocationCloset in Kitchen, and bedroom
Roof InformationAsphalt Shingle

Other Details

ColorWhite
Lockbox Location88A
Parcel Number1236451
Parking Total Spaces10
ZoningRS2

All Photos (38)

Affordability Calculator

$1,950,000

Down Payment$390,000
Loan Amount$1,560,000
Principal & Interest$9,860/mo
Property Tax$1,950/mo
Insurance$100/mo
Est. Monthly$11,910/mo

Listing Agent

D

David Candelora

RE/MAX RISE

Contact David Candelora

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Quick Facts

StatusActive
TypeMulti-Family For Sale
ClassProperty
MLS #24127300
Last Updated2026-05-14