Active
91 Spring Street
New Haven CT, 06519
$370,000
$146.25 per sqft
Active
7 Beds
3 Baths
2,530 sqft
Multi-family
Built in 1900
This 3-unit multifamily investment presents a strategic opportunity for investors looking to unlock significant value. With two 2-bedroom units and one 3-bedroom unit, and tenant-paid utilities, the property offers immediate potential for equity growth. Two vacant units provide a chance for targeted renovations, allowing investors to enhance the property and bring rents to market levels. Recent closed comparables, such as 64 Spring St at $425k, 18 Dewitt St at $485k, and 246 Columbus Ave at $510k, indicate a $46k-$131k value gap, making this asset an attractive investment with substantial upside.
24034994
MLSⓇ ID
July 25, 2024
Listed
February 21, 2025
Updated
Interior Features
Bedrooms
7
Total Bathrooms
3
Full Bathrooms
3
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas, Oil, Forced Air
Basement
Yes
Exterior/Building Features
Lot Size
0.05 Acres
Lot Features
Level
Architectural Style
Units on different Floors
Roof
Asphalt
Sewer
Public Sewer
School Information
High School
Per Board of Ed
Elementary School
Per Board of Ed
Other Property Details
Area Name
N/A
Taxes
$5,611
Tax Frequency
Annually
Days on Market
177
Garage
No
Parking
None
View
No
County
New Haven
Water Source
Public
Zoning
RM2
Listing History
Date | Event | Price |
|---|---|---|
12/3/2024 | Price change | $370,000 -3% |
9/30/2024 | Active | — |
9/23/2024 | Under contract | — |
Listed by Shy Grahame with Berkshire Hathaway NE Prop. 8606171740
The IDX display contains information sourced from the Smart MLS, Inc as of 2/21/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/21/2025 at 2:02 PM UTC