multifamily
271 Sherman Avenue
New Haven, Connecticut 6511
Price
$908,000
Price/SF
$223.92/SF
Building Size
4,055 SF
Lot Size
0.11 acres
Year Built
1900
NOI
$63,375
Units
5
Property Description
Turnkey ready. New roof and every unit has custom kitchens with stone counter tops,new bathrooms with tiled walls, hardwood and tile for all flooring,new Windows, mechanicals, updated electric and plumbing. Nothing to invest in upgrades or repairs. Just collect rent from stabilized occupancy leased tenants. The unit mix-four 1-bedroom apartments and one large 3-bedroom apartment-is highly favorable for the Dwight neighborhood. Large 3-bedroom layouts are highly sought after by groups of medical university scholars or hospital staff looking to split rent, while 1-bedroom units maintain the lowest historical vacancy and highest rent-per-square-foot ratios in the New Haven rental market
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Additional Details
Zoning
RM2
MLS Number
24199180
Property ID
f3e7b376-0c47-4e73-a6af-6391505c8eab
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MLS Information
MLS#: 24199180
Listed by: mygoodagent
Agent: Dominique Larose • (203) 606-5010 • dominiquelarose.era@gmail.com
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