16 Units w/ diverse floor plans in prime East Rock Location. (9) 1 bedrooms, (2) Penthouse Studios w/ private roof deck, (5) Studios. Value Add Opportunity! 5 of 16 Units fully renovated, room for rents to increase. Hardwood Flooring throughout. Common Laundry room, Off-Street Parking, In-wall air conditioning, building on a Master Key System. Walking distance to Yale School of Management, On Yale Shuttle Line. Expertly Managed and Turn Key operation. 7% Cap Rate on cash purchase. Great Leverage opportunity with Fannie/Freddie Loan Programs. Call for a showing today.
Off market
Zestimate®
$3,132,400
550 Whitney Ave, New Haven, CT 06511
16beds
8,269sqft
5 Family+
Built in 1960
-- sqft lot
$3,132,400 Zestimate®
$379/sqft
$1,973 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
- Full bathrooms: 16
Heating
- Baseboard
Appliances
- Included: Refrigerator
Interior area
- Total interior livable area: 8,269 sqft
Property
Lot
- Size: 0.55 Acres
Details
- Parcel number: 1247303
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 Family+
Condition
- Year built: 1960
Utilities & green energy
- Water: Public Water Connected
Community & neighborhood
Location
- Region: New Haven
Other
Other facts
- Exterior Siding: Brick
- Attic YN: 0
- Hot Water Description: Oil, 100 Gallon Tank
- Heat Fuel Type: Oil
- Direct Waterfront YN: 0
- Driveway Type: Asphalt, Shared
- Style: Units on different Floors
- Lot Description: Level Lot, City Views
- Heat Type: Baseboard
- Property Type: Multi-Family For Sale
- Sewage System: Public Sewer Connected
- Water Source: Public Water Connected
- Swimming Pool YN: 0
- Fuel Tank Location: In Ground
- Cooling System: Wall Unit
- Laundry Room Info: Common Laundry Area
- Basement Description: Fully Finished
- Waterfront Description: Not Applicable
- Foundation Type: Block
- Construction Description: Brick
- Roof Information: Flat
- Property Sub Type: 5 Family+
- Tax Year: July 2018-June 2019
- Assessed Value: 845250
- Gross Annual Expense: 70189
- Gross Annual Income: 243000
- Property Tax: 36329
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$3,132,400
2% more+$62,648
With Zillow Showcase(estimated)$3,195,048