1605 Chapel St, New Haven, CT 06511

Outstanding Investment Opportunity! 7.5-Cap property w/NOI of nearly $50,000/year. Second floor unit was completely renovated w/ in-unit laundry last year. All three gas burners are new in addition to 2/3 hot water heaters are newer. First floor unit has longterm tenants, laundry hook-up in place and the add-value here is the large LR can be converted to 4th bedroom for higher rent. Third floor unit also has longterm tenants and has laundry hook-up in basement.