Price Reduced 2.37%

$370,000 ($146.25 per sqft)

Est. Mortgage $1,967/mo *

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Price History

$379,000
7/23/2024

$370,000
12/3/2024

91 Spring Street, New Haven, CT, 06519

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16 rooms

7 beds

3 Full baths

1900

Units on different Floors

2,530 sqft

This 3-unit multifamily investment presents a strategic opportunity for investors looking to unlock significant value. With two 2-bedroom units and one 3-bedroom unit, and tenant-paid utilities, the property offers immediate potential for equity growth. Two vacant units provide a chance for targeted renovations, allowing investors to enhance the property and bring rents to market levels. Recent closed comparables, such as 64 Spring St at $425k, 18 Dewitt St at $485k, and 246 Columbus Ave at $510k, indicate a $46k-$131k value gap, making this asset an attractive investment with substantial upside.

Status:

Active

Type:

Multi-family

Units:

Zoning:

RM2

Heating:

Hot Air

Cooling:

None

Basement:

Full

Acreage:

0.05

Est. Taxes:

$5,611

Assessment

$145,740

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

151

MLS #:

24034994

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Price History

91 Spring Street, New Haven, CT, 06519

Community Info

School Info

Walk Score

Mass Transit

Yelp

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