165 Starr St
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165 Starr St
2 Unit Apartment Building Offered at $255,000 in New Haven, CT 06511
Executive Summary
Incredible investment opportunity awaits in vibrant Newhallville, New Haven! This 2-unit property hold potential as it is ideally situated near Yale New Haven Hospital and picturesque Edgerton Park. Spanning 2,099 SF, the residence boasts a delightful open porch on the second floor and offers a tenant-friendly utility arrangement. Currently, the first floor rent is $975 per month on a flexible month-to-month lease, while the second floor generates $1,450 monthly, also on a month-to-month basis. Market rents in this area start at $1,600 so there is opportunity to add value! Agents, please refer to Agent Remarks for additional details. Properties are to be sold in their present condition. Inspections are intended solely for informational purposes. FHA buyers are advised to have their lender conduct the Self Sufficiency Test based on rental amounts for qualification. Seize this opportunity to own a piece of New Haven's thriving real estate scene. Seller is offering to sell 254 Starr St. New Haven, CT and 165 Starr St. New Haven, CT as a package for $500,000.
Property Facts
Price | $255,000 | Building Size | 2,099 SF |
Price Per Unit | $127,500 | Average Occupancy | 100% |
Sale Type | Investment | No. Stories | 2 |
No. Units | 2 | Year Built | 1900 |
Property Type | Multifamily | Opportunity Zone |
Yes
|
Lot Size | 0.06 AC |
Price | $255,000 |
Price Per Unit | $127,500 |
Sale Type | Investment |
No. Units | 2 |
Property Type | Multifamily |
Lot Size | 0.06 AC |
Building Size | 2,099 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1900 |
Opportunity Zone |
Yes |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 2 | - | - |
1 of 1
Bike Score ®
Biker's Paradise (90)
zoning
Zoning Code | RM2 |
RM2 |
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165 Starr St
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