177 Chestnut Street

New Haven, CT 06511 Directions
$2,400,000
  • 16Bed
  • 12Baths
  • 6,009Sqft
  • 0.12Acres
  • 1900Built
  • $399Price/Sqft

Property Highlights

  • Style: Units on different Floors,Units are Side-by-Side
  • Neighborhood: Wooster Square
  • Days on Market: 10
  • MLS: 24181250

Property Highlights

  • Style: Units on different Floors,Units are Side-by-Side
  • Neighborhood: Wooster Square
  • Days on Market: 10
  • MLS: 24181250

Turn-key 6-unit multifamily investment opportunity in New Haven's highly desirable Wooster Square neighborhood! Fully renovated and fully leased with long-term tenants in place, this income-producing asset offers true "collect the keys and collect the rent" ownership. Ideally located just minutes from Downtown New Haven, Yale University, Yale New Haven Hospital, Union Station, I-95, and I-91, the property benefits from strong rental demand driven by education, healthcare, biotech, and technology sectors. The approximately 6, 009 SF building features updated units with modern kitchens, renovated bathrooms, contemporary finishes, and attractive...

Property Highlights

  • Style: Units on different Floors,Units are Side-by-Side
  • Neighborhood: Wooster Square
  • Days on Market: 10
  • MLS: 24181250

Turn-key 6-unit multifamily investment opportunity in New Haven's highly desirable Wooster Square neighborhood! Fully renovated and fully leased with long-term tenants in place, this income-producing asset offers true "collect the keys and collect the rent" ownership. Ideally located just minutes from Downtown New Haven, Yale University, Yale New Haven Hospital, Union Station, I-95, and I-91, the property benefits from strong rental demand driven by education, healthcare, biotech, and technology sectors. The approximately 6, 009 SF building features updated units with modern kitchens, renovated bathrooms, contemporary finishes, and attractive layouts that appeal to today's renters. Tenants enjoy walkable access to Wooster Square Park, renowned restaurants including Frank Pepe's and Sally's Apizza, shopping, entertainment, cultural attractions, and direct rail access to New York City. With 5 off-street parking spaces, stable cash flow, and a premier location surrounded by ongoing residential and mixed-use development, this is a rare opportunity to own a fully stabilized multifamily asset in one of Connecticut's strongest rental markets.

Turn-key 6-unit multifamily investment opportunity in New Haven's highly desirable Wooster Square neighborhood! Fully renovated and fully leased with long-term tenants in place, this income-producing asset offers true "collect the keys and collect the rent" ownership. Ideally located just minutes from Downtown New Haven, Yale University, Yale New Haven Hospital, Union Station, I-95, and I-91, the property benefits from strong rental demand driven by education, healthcare, biotech, and technology sectors. The approximately 6, 009 SF building features updated units with modern kitchens, renovated bathrooms, contemporary finishes, and attractive layouts that appeal to today's renters. Tenants enjoy walkable access to Wooster Square Park, renowned restaurants including Frank Pepe's and Sally's Apizza, shopping, entertainment, cultural attractions, and direct rail access to New York City. With 5 off-street parking spaces, stable cash flow, and a premier location surrounded by ongoing residential and mixed-use development, this is a rare opportunity to own a fully stabilized multifamily asset in one of Connecticut's strongest rental markets.

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  • Additional Information
    • Acres: 0.12
    • Basement Description: Full, Unfinished
    • Garage: Paved, Off Street Parking, Driveway
    • Gross Expenses: 48778
    • Gross Income: 192000
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Living Area SqFt: 6,009
    • Neighborhood: Wooster Square
    • Property Tax: $22,618
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors, Units are Side-by-Side
    • Tax Amount: $22,618
    • Unit Count: 6
    • Year Built: 1900
    • Year Built Details: Public Records
    • Zoning: RM2
  • Amenities
    • Medical Facilities
    • Park
    • Shopping/Mall
    • Walk to Bus Lines
  • Interior Features
    • Air Conditioning: Central Air
    • Beds: 16
    • Cooling: Central Air
    • Full Baths: 12
    • Furnace Type: Natural Gas
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Hot Water: Electric, 40 Gallon Tank
    • Laundry Room: Washer/Dryer All Units
    • Rooms: 33
    • Total Baths: 12
  • Exterior Features
    • Exterior Siding: Aluminum, Brick
    • Roof: Gable

Listing Courtesy of Arian Hoxha of Serhant Connecticut, Llc.

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