CT > New Haven
New Haven, CT 06513,373 Blatchley Avenue
See all 40 photos
New Haven, CT 06513,373 Blatchley Avenue
New Haven, CT 06513,373 Blatchley Avenue
New Haven, CT 06513,373 Blatchley Avenue
New Haven, CT 06513,373 Blatchley Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
5
Apr
Sun
6
Apr
Mon
7
Apr
Bethany York Rudzik

Bethany York Rudzik

+1(413) 433-7779
$ 1,250,000
Est. payment /mo
Save Virtual Tour
Active

373 Blatchley Avenue New Haven, CT 06513

15 Beds

9 Baths

7,716 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 7,716 sqft

Price per Sqft $162

MLS Listing ID 24067257

Style Units on different Floors

Bedrooms 15

Full Baths 9

Year Built 1910

Annual Tax Amount $17,833

Lot Size 6,098 Sqft

Property Sub-Type 5 Family+

Property Description

Investor's Dream! This rare 9-unit multifamily property in the heart of Fair Haven presents an incredible opportunity for investors seeking value-add potential and significant upside. Each oversized unit features ample natural light, along with updated kitchens and bathrooms. Some units are equipped with high-efficiency Navien Systems, ensuring lower operating costs. All utilities are separate and tenant-paid, which enhances cash flow potential. With several units rent-ready and actively being marketed, market rent projections in the area show excellent returns-1-bedroom units renting for $1,350/month and 2-bedrooms for $1,600/month. This property is primed for immediate cash flow with significant upside. The current highest closed comparable sale within 2 miles is an 8-unit building that sold for $1.88M, proving the strength of the local market. Located just minutes from State St, I-91, I-95, and Yale University, this property is ideally situated for tenants who want easy access to all that New Haven has to offer. Also, given the large square footage, high demand for rental housing, and desirable location, this asset offers substantial room for appreciation through renovations, rent increases, or leasing out the remaining not rented units. Don't miss out on this unique chance to invest in a thriving market with value-add opportunities and strong returns!

Location

State CT

County New Haven

Zoning RM2

Rooms

Basement Full, Unfinished, Shared Basement

Interior

Heating Hot Water

Cooling None

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Gable,Tile

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Others

Virtual Tour https://marketing.realogy.imprev.net/i/373BlatchleyAvenue/421111/24067257/4523/html/virtualtour/ActiveStatus/branded/

Listed by Lisa Cozzi • Century 21 AllPoints Realty
agent

Bethany York Rudzik

Agent | License ID: 9534915

+1(413) 433-7779

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Bethany York Rudzik, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(413) 433-7779 to obtain direct assistance.

Go tour this home

373 Blatchley Avenue