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
December 18, 2024
Updated
Map
91 Spring Street
New Haven CT, 06519
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
Exterior/Building Features
Lot Size
0.05 Acres
Lot Features
Level
Architectual 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
148
Garage
No
Parking
None
View
No
County
New Haven
Water Source
Public
Pool
No
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 Lisa Cozzi with Berkshire Hathaway NE Prop.
Listing Contact:
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Data last updated on 12/18/2024 at 5:28 PM UTC