Mixed Use Opportunity

Multi-Family for Sale
Catylist Listing ID: 30609287
Property Subtypes: Mixed Use
Number of Units: 5 Units
Building Size (RSF): 3,826 SF
Gross Building Area: See Agent
Gross Land Area: 0.08 Acres
Sale Price: $250,000
Unit Price: $50,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2020

Overview / Comments

Large corner lot in a convenient location close to downtown and Yale on bus line. Mixed use building with one retail unit plus 4 residential apartments (Please note field card states 4 units buyer is advised to do their due diligence with the city.) Needs updating. 5 Electric meters, store is FWA-Gas. Great added value investment. Business is also available for sale, call for details.

Additional Details

Nearest MSA: New Haven-Milford
County: New Haven
Taxing Authority: City of New Haven
Tax ID/APN: 1252750
Zoning: RM2
Property Located Between: Bassett St and Ivy St
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 2
Year Built: 1900
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Driveway and on street parking
Heat Type: Natural Gas
Heat Source: Other
Fuel: Gas
Lot Frontage: 43
Lot Depth: 98
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,251 165,603 275,720
Median Age: 32.12 32.82 35.87
Households: 11,639 61,942 106,663


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