66-68 Read St - Apartments FOR SALE


New Haven, CT 06511
$970,000 USD
203-273-5256
66-68 Read St, New Haven, CT for Sale
$970,000 USD
Apartments - FOR SALE
1/10
null | 9.38% Cap Rate

66-68 Read St
New Haven, CT 06511


HIGHLIGHTS

  • Easy Walkability
  • Recent Capital Improvements to Exterior & Interior
  • Off Street Parking | Tenant Paid Utilities

OVERVIEW

This is a 6-Unit Multifamily property nestled in the Newhallville neighborhood of New Haven. It is a short distance from Yale University, Albertus Magnus School, Downtown New Haven and major metropolitan transportation hubs like I-95, and New Haven MTA Station. New Haven is a strong renter market with growth in population, development and rents across the city. All tenants are responsible for their own utilities. The building has off street parking and has seen capital improvements to the exterior and interior of the property.

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

6

PRICE/UNIT

$161,667

CAP RATE

9.38%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

RM1

APN/PARCEL ID

NHVN-000253-000506-000800

ASK ABOUT THIS PROPERTY

203-273-5256

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203-273-5256

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