91 Spring Street
New Haven,
Connecticut
06519
- For Sale
- 7 Bedrooms
- 3 Full Baths
- 2530 SqFt
- Year Built 1900
- Multi Family
- ML# 24034994
Property Details
Overview
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.
Key Facts
- •SqFt: 2530.00
- •Style: Units on different Floors
- •Lot Size: 0.05
- •Lot Sq Ft: 2530
- •Zoning: RM2
- •Construction Materials: No/Resale
- •Building Size: 2530
- •Parking Facilities: None
- •Waterfront Desc: Not Applicable
- •Bedroom: 7
- •Full Bath: 3
- •Heat: Hot Air
- •A/C: None
- •Water: Public Water Connected
- •Sewer: Public Sewer Connected
Listing Information provided courtesy of
Berkshire Hathaway NE Prop.
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