212 Sheffield Avenue Active

New Haven,CT 06511

$ 1395000

16 Beds

7 Baths

7480 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 7,480 sqft

Price per Sqft $186

MLS Listing ID 24108413

Style Units on different Floors,Units are Side-by-Side

Bedrooms 16

Full Baths 7

Year Built 1963

Annual Tax Amount $21,372

Lot Size 0.310 Acres

Property Sub-Type 5 Family+

Property Description

Amazing fully occupied 7 unit brick building two blocks away from Science Park, Albertus Magnus and a short bike ride to Downtown New Haven & Yale! The building is fully occupied with great tenants. The building consist of three spacious (3 bed, 1 bath apartment), three (2 bedroom, 1 bath) apartments and one (1 bed, 1 bath apartment). The apartments feature spacious living rooms with hardwood floors, fully appliance tiled kitchens, partially updated baths, in unit laundry and spacious bedrooms with great closet space. Narrow parking lot in the rear of building. Excellent income with gross rents of $164,013 and a net income of $110,977. The building is currently being offered with a 7.85 cap rate with plenty of room to grow.

Location

State CT

County New Haven

Zoning RM2

Rooms

Basement Full

Interior

Heating Baseboard

Cooling None

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Other

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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