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George Street
New Haven, Connecticut
$355,000 Price
5 Bedrooms  
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Photo 1 of George Street, New Haven, Connecticut, $355,000, Web #: 24081099Previous PhotoNext Photo1 of 5

Prime value-add opportunity in New Haven's West River/Dwight neighborhood, just minutes from downtown, major employers, and transportation. This three-family property offers a strong entry point for investors or owner-occupants looking to build equity in a high-demand rental market. The building includes two spacious two-bedroom units and one one-bedroom unit,...

Prime value-add opportunity in New Haven's West River/Dwight neighborhood, just minutes from downtown, major employers, and transportation. This three-family property offers a strong entry point for investors or owner-occupants looking to build equity in a high-demand rental market. The building includes two spacious two-bedroom units and one one-bedroom unit, all featuring hardwood floors, generous layouts, and separate tenant-paid utilities. One two-bedroom unit is currently rented month-to-month at below-market rent, presenting a clear opportunity for turnover and rent optimization. This location rewards experienced or well-supported property owners who understand the value of solid management. With the right approach, this asset can deliver strong long-term performance. Light renovations can unlock significant rental upside, while appreciation and portfolio growth are well within reach for the hands-on investor. Whether you're looking to occupy one unit and offset your mortgage, or reposition the building for higher returns, this property delivers flexibility and potential. Comparable sales nearby highlight the opportunity: 129 Winthrop sold for $415,000 in good condition, and 706 George Street commanded $520,000 after full renovation. With vision and the right strategy, this property is ready to earn.

Listing courtesy of Century 21 Allpoints Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
New Haven, Connecticut
Type: House
Price: $355,000
Re Tax: $5,199
Date Listed: 6/13/2025
Approx. sqft: 2,282 sf
Web ID: 24081099

Info & Amenities

Type: Multi Family
Rooms: 14.0
Bedrooms: 5
Bathrooms: 3.0
Built: 1900

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