New Listing - 11/04/2024

$370,000 ($145.67 per sqft)

Est. Mortgage $1,945/mo *

Quick Pre-Approval

423 Blatchley Avenue, New Haven, CT, 06513

423 Blatchley Avenue, New Haven, CT, 06513

18 rooms

9 beds

3 Full baths

1900

Units on different Floors

2,540 sqft

423 Blatchley Avenue offers an excellent investment opportunity in New Haven. This multifamily property features three spacious units, two of which are currently occupied, providing immediate rental income, while the third unit is available, offering potential for new rental income or owner-occupancy. The property is strategically located with easy access to major highways, public transportation, and local amenities, ensuring a steady demand for rentals. Its proximity to Yale University, hospitals, and downtown New Haven further strengthens its investment appeal. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking a property with strong cash flow potential, 423 Blatchley Avenue is a solid opportunity to generate income and build equity in a growing market. Closed comps include 173 James St, sold for $410,000 in average condition, and 45 Atwater St, which sold for $445,000 in below-average condition.


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

RM2

Heating:

Hot Air

Cooling:

None

Basement:

Full, Unfinished

Acreage:

0.08

Est. Taxes:

$5,910

Assessment

$153,510

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

3

MLS #:

24057896


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Lisa Cozzi, Berkshire Hathaway NE Prop. Email: mulveylisa@gmail.com