423 Blatchley Avenue Active

New Haven,CT 06513

$ 370000

9 Beds

3 Baths

2540 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,540 sqft

Price per Sqft $145

MLS Listing ID 24057896

Style Units on different Floors

Bedrooms 9

Full Baths 3

Year Built 1900

Annual Tax Amount $5,910

Lot Size 3,484 Sqft

Property Description

423 Blatchley Avenue offers an excellent investment opportunity in New Haven. This multifamily property features three spacious units, one of which is currently occupied, providing immediate rental income, while the other two units are 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.

Location

State CT

County New Haven

Zoning RM2

Interior

Heating Hot Air

Cooling None

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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