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Spectrum Real Estate Consultants

[email protected] +1(401) 334-3334

$ 469,777

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314 Lenox Street New Haven, CT 06513

6 Beds

2 Baths

2,296 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,296 sqft

Price per Sqft $204

Subdivision Fair Haven Heights

MLS Listing ID 24107282

Style Units on different Floors

Bedrooms 6

Full Baths 2

Year Built 1900

Annual Tax Amount $6,430

Lot Size 6,534 Sqft

Property Sub-Type 2 Family

Property Description

Investor's Dream in Fair Haven Heights: Approved 3-Family Conversion with Water Views. Unlock incredible income potential with this updated two-family home, situated in New Haven's desirable Fair Haven Heights neighborhood. This property presents a rare opportunity to own a triplex for under $500,000. Already approved by the city for conversion to a three-family dwelling, this property comes with the permits and floor layouts in hand to transform the spacious third-level attic into a charming one-bedroom apartment. With comparable 1-bedroom units in the area currently commanding rents around $1,700 per month, the added unit promises significant immediate ROI. The existing two units have been thoughtfully remodeled within the last 1.5 years, featuring modern upgrades. Each unit have tile baths, sleek quartz countertops, brand-new cabinetry, and gleaming stainless-steel appliances. Plus, all windows throughout the property are new. Property is being sold AS IS and will require a new roof once the third unit conversion is completed. property has potential to convert the garage into an (additional dwelling unit) ADU for added income. however, the proper permits are required for this ADU in the garage.

Location

State CT

County New Haven

Zoning RM1

Rooms

Basement Full, Storage, Full With Hatchway

Interior

Heating Hot Water

Cooling None

Exterior

Exterior Feature Porch, Garden Area, Patio

Parking Features Detached Garage, Paved, Off Street Parking, Driveway

Garage Spaces 2.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Water View

Foundation Brick

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Quinnipiac

High Schools Wilbur Cross

Listed by Elien Olmos • Berkshire Hathaway NE Prop.

Spectrum Real Estate Consultants

Admin

+1(401) 334-3334

Spectrum Real Estate Consultants

314 Lenox Street New Haven, CT 06513

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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314 Lenox Street