6
See all 6 photos
$3,600,000
Est. payment /mo
29 Beds
1 Bath
25,596 SqFt
New
850 Grand Avenue New Haven, CT 06511
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 25,596 sqft
Price per Sqft $140
MLS Listing ID 24103805
Style Other
Bedrooms 29
Full Baths 1
Year Built 1890
Annual Tax Amount $76,525
Lot Size 0.460 Acres
Property Sub-Type 5 Family+
Property Description
Baldwin Pearson & Co., Inc. is proud to present 850 Grand Avenue, New Haven, CT 06511, an outstanding multifamily investment opportunity in the heart of one of New Haven's most desirable neighborhoods, Wooster Square. This expansive, three-story property encompasses approximately 26,000 square feet and features 18 generously sized apartments, offering a mix of one-, two-, and three-bedroom units. With strong in-place cash flow and significant upside potential through targeted rent increases, 850 Grand Avenue presents a compelling opportunity for investors seeking both immediate returns and long-term growth in one of Connecticut's most well established and historic cities. Property Highlights: Significant upside potential through rent increases across all unit types Spacious units, many featuring in-unit washers and dryers Private, on-site parking lot Separately metered utilities for tenant convenience and owner efficiency Elevator-served building for added tenant comfort and accessibility Prime location, just steps from Wooster Square, Yale University, and the vibrant amenities of downtown New Haven
Location
State CT
County New Haven
Zoning BA
Rooms
Basement Full
Interior
Heating Hot Air
Cooling Split System
Exterior
Parking Features None, Paved, Parking Lot
Waterfront Description Walk to Water,View
Roof Type Flat
Building
Lot Description City Views, Level Lot, Water View
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Daniel James Shawah • Baldwin Pearson & Co., Inc