πŸ’ŽπŸ€‘Another New Haven Turn-Key Rental [OFF-MARKET] πŸ’šπŸ’š Cash FlowingπŸ’°πŸ’₯

New Haven County, New Haven, CT, 06519 View full address
$234,000
1760 sq ft
For Sale

Facts and Features

Type
Multi family
Parking
Driveway
Year build
1910
Lot size
0.09 acres
Bedrooms
5
Sq. Footage
1760
Bathrooms
2

Summary

πŸ’ͺ You can click the πŸ™Œ WIN IT NOW button and avoid all the bidding and πŸ” lock this one down now πŸ’₯


β˜‘οΈ PROPERTY TYPE: duplex

  • 5 Bedrooms
  • 2 Bathrooms
  • Basement: Bulkhead Access
  • 1,760 sqft
  • Lot Size: 3,920 sqft (.9 acres)
  • Built 1910
  • ⬇️ Lower Unit - Will be vacant at closing
  • ⬆️ Upstair Unit - Rented $850/month
  • Roof is in excellent condition (Replaced 7 years ago)
  • Off-Street Driveway Parking
  • Heating: Forced Air, Oil
  • School District: New Haven School District
  • Property Tax: $4,853 per year
  • Combined water bill roughly $60 per month
  • 2k yearly insurance

β˜‘οΈ RECENT SALES (ARV)

  • 60 Sea Street - Sold for $349,900 on 9/9/21
  • 236 Washington Ave - Sold for $340,000 on 6/15/2022
  • 553 1st Ave - Sold for $320,000 on 7/28/21
  • 45 Ely Street - Sold for $375,000 on 6/17/22
  • 151 Rosette Street - Sold for $340,000 on 3/18/22
  • 72 Richard St - Sold for 318,000 on 3/30/22
  • 64 Lamson Street - Sold for $302.000 on 1/13/22
  • 647 1st Ave - Sold for $260,000 on 11/1/21

β˜‘οΈ EXIT STRATEGY

πŸ’°SHORT TERM FLIP: The property will need a light cosmetic rehab. Once done, you can throw it back on the market for BIG profits!

πŸ’° LONG TERM RENTAL: Move these tenants out or raise their rent to market rate ($999 approx.). This will also make a great student rental!


πŸ‘ 4 minutes from the Yale school of medicine and 2 minutes away from Hill CeNTRAL SCHOOL!


All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract with the seller of the property. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.

Estimated Spread

$340,000
ARV
-$234,000
Price
$106,000
Spread

Street View

Location and Comparables

Bedrooms
Bathrooms
Sq. footage
Last Sale Date
Last Sale Price
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