Poplar Street
New Haven, Connecticut
$365,000 Price
5 Bedrooms  

Contract Signed

Unlock the potential of this value-add 3-unit asset in Fair Haven. Featuring two spacious 2-bedroom units and one 1-bedroom, tenants are currently month-to-month and paying below market rents-creating immediate upside. Rental comps in the area show 2-bedrooms at $1,650 and 1-bedrooms at $1,200, offering plenty of room to increase...

Unlock the potential of this value-add 3-unit asset in Fair Haven. Featuring two spacious 2-bedroom units and one 1-bedroom, tenants are currently month-to-month and paying below market rents-creating immediate upside. Rental comps in the area show 2-bedrooms at $1,650 and 1-bedrooms at $1,200, offering plenty of room to increase cash flow. Inside, you'll find oak kitchen cabinets, durable tile flooring, and updated bathrooms with modern tile finishes. Vinyl siding, newer replacement windows, and separate tenant-paid utilities keep expenses low and efficiency high. Outside, a fenced backyard adds extra appeal for tenants. Located minutes from highways and downtown amenities, this property is primed for appreciation and stronger returns with some light cosmetic TLC. Don't miss out on this solid three-unit opportunity with built-in equity and serious rent growth potential.

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

Contract Signed
New Haven, Connecticut
Type: House
Price: $365,000
Re Tax: $6,595
Approx. sqft: 2,539 sf
Web ID: 24081062

Info & Amenities

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