Property Description
Turn-key 6-unit multifamily investment opportunity in New Haven's highly desirable Wooster Square neighborhood! Fully renovated and fully leased with long-term tenants in place, this income-producing asset offers true "collect the keys and collect the rent" ownership. Ideally located just minutes from Downtown New Haven, Yale University, Yale New Haven Hospital, Union Station, I-95, and I-91, the property benefits from strong rental demand driven by education, healthcare, biotech, and technology sectors. The approximately 6,009 SF building features updated units with modern kitchens, renovated bathrooms, contemporary finishes, and attractive layouts that appeal to today's renters. Tenants enjoy walkable access to Wooster Square Park, renowned restaurants including Frank Pepe's and Sally's Apizza, shopping, entertainment, cultural attractions, and direct rail access to New York City. With 5 off-street parking spaces, stable cash flow, and a premier location surrounded by ongoing residential and mixed-use development, this is a rare opportunity to own a fully stabilized multifamily asset in one of Connecticut's strongest rental markets.
Overview
Property Type
Multi-family
Location
177 Chestnut Street, New Haven, CT 06511
Zoning
RM2
MLS ID
24181250
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
16
Full Bathrooms
12
Appliances
Electric Water Heater
Exterior
Water Source
Public
Parking
Off Street, Private, Paved, Driveway
Heat Type
Natural Gas, Hot Water
Air Conditioning
Central Air
Sewer
Public Sewer
Substructure
Stone
Details
Total Area
6,009 Sq.Ft.
Architecture Styles
Units on different Floors, Units are Side-by-Side
Financial
Price
$2,400,000
Real Estate Tax
$22,618/yr
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