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167 Chapel St
New Haven, CT 06513

167 Chapel Street, New Haven 06513 · Multifamily Property For Sale · 9 Units

Investment Highlights

  • Owner Financing Available
  • Prime location in New Haven area
  • Well-maintained property with strong rental history
  • Built in 1900, showcasing historic charm
  • 100% occupancy for stable income
  • Excellent investment opportunity in a thriving market

Executive Summary

Experience an exceptional investment opportunity with this 4,269 SF multifamily property in the thriving New Haven area. Built in 1900, this 9-unit building boasts a prime location, reflecting the area's potential for growth and development. With 100% occupancy, this property presents a stable and lucrative income stream for investors. The well-maintained building offers a strong historical foundation and ample space for tenants to enjoy. Don't miss the chance to add this high-performing asset to your portfolio and benefit from the lucrative multifamily market in New Haven.
Immerse yourself in the allure of New Haven, CT, surrounding the property at Chapel Street. As a prospective investor in multifamily properties, you'll appreciate the area's proximity to esteemed educational institutions like Yale University and the University of New Haven. Centrally located in the bustling arts and cultural scene, including the renowned Yale Art Gallery, adds to the neighborhood's appeal. Furthermore, Chapel Street offers an enticing variety of dining and entertainment options, enhancing the area's desirability for potential tenants. With its picturesque parks and historic architecture, this location provides an exceptional living experience. Don't miss out on the opportunity to become part of New Haven's thriving multifamily market.

PROPERTY FACTS

Price Per Unit $130,556
Sale Type Investment
Cap Rate 10%
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Lot Size 0.09 AC
Building Size 4,269 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2016
Parking Ratio 1.17/1,000 SF
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NHVN-000173-000712-000600
Land Assessment
$43,050
Improvements Assessment
$258,860
Total Assessment
$301,910

zoning

Zoning Code BA (Business)
BA (Business)
  • Listing ID: 33462596

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 167 Chapel St, New Haven, CT 06513

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