$499,000

About This Property

Seller says bring me solid offers! Exceptional investment opportunity or ideal owner-occupied 3-family in a prime New Haven location! Just a short walk to Metro North and minutes from Yale University, this property is perfectly positioned in one of the area's strongest rental markets. The first and second floors each offer spacious 2-bedroom, 1-bath units, while the third floor features a bright and efficient studio apartment. The property has been updated, providing immediate income with additional upside potential. Investor Highlights: Current rents total $3,900/month and are below market value, offering a clear path to increased cash flow and improved returns. All units are currently on month-to-month leases, allowing for flexibility to reposition rents. This is an opportunity creating a rare opportunity to set market rents immediately or occupy one unit while generating income from the others. With strong rental demand driven by proximity to Metro North. Yale University, hospitals, and public transportation, this asset is well-suited for both seasoned investors and those looking to enter the multifamily market. The combination of location, unit mix, and value-add potential makes this an attractive long-term hold with income growth potential. With a 2021 New Roof, New water heater and chimney this is the one you have been waiting for. Sold "AS IS". Opportunity for private lending available.