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$370,000
Est. payment /mo
9 Beds
3 Baths
2,540 SqFt
UPDATED:
12/11/2024 06:58 AM
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
Rooms
Basement Full, Unfinished
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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Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
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