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$ 509,000
Est. payment /mo
Open 4/18 11AM-1PM
94 Carlisle Street New Haven, CT 06519
5 Beds
3 Baths
2,290 SqFt
Open House
Sat Apr 18, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,290 sqft
Price per Sqft $222
MLS Listing ID 24166527
Style Units on different Floors
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $5,635
Lot Size 3,484 Sqft
Property Sub-Type 3 Family
Property Description
Exceptional investment opportunity or ideal owner-occupied 3-family in a prime New Haven location! Just a short walk to Metro North and minutes from Yale University, this property is perfectly positioned in one of the area's strongest rental markets. The first and second floors each offer spacious 2-bedroom, 1-bath units, while the third floor features a bright and efficient studio apartment. The property has been updated, providing immediate income with additional upside potential. Investor Highlights: Current rents total $3,900/month and are below market value, offering a clear path to increased cash flow and improved returns. All units are currently on month-to-month leases, allowing for flexibility to reposition rents. Two units are in the process of vacating, creating a rare opportunity to set market rents immediately or occupy one unit while generating income from the others. With strong rental demand driven by proximity to Metro North. Yale University, hospitals, and public transportation, this asset is well-suited for both seasoned investors and those looking to enter the multifamily market. The combination of location, unit mix, and value-add potential makes this an attractive long-term hold with income growth potential. Sold "AS IS". Opportunity for private lending available.
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full
Interior
Heating Hot Air
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description City Views
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Donna Genovese • Great Estates, CT
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