5 Family investment opportunity in New Haven! Fully rented and ready for you to step right in at a current 5.6% cap rate with a pro forma of 14.8% after stabilization! This unique home is in close proximity to Southern Connecticut State University, Beaver pond and Bowen field! Each unit features 3 beds and 1 bath.
Property Details
Property Features
Property Information:
Year Built: 1903
Living Area: 5,533 SqFt
Listing Office:
Office Name: Alpha Capital Realty, LLC
Office Phone: (203) 347-4757
Listing Agent: Matthew Salvatore
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 15
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: Off Munson St. to Shelton Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $639,900
Price Per SqFt: $116/SqFt
Tax Information:
Annual Amount: $8,594
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Lincoln-Bassett School
130 Bassett St
Distance between this listing and this school0.41 miles
Public District Grades PK-6
5
/10
Helen Street School
285 Helen St
Distance between this listing and this school1.80 miles
Public District Grades PK-6
4
/10
Church Street School
95 Church St
Distance between this listing and this school2.00 miles
Public District Grades PK-6
Nearby Schools
4
/10
Wexler/Grant Community School
55 Foote St
Distance between this listing and this school0.43 miles
Public District Grades PK-8
4
/10
Celentano School
185 Goffe St
Distance between this listing and this school0.54 miles
Public District Grades PK-8
3
/10
King/Robinson Magnet School
150 Fournier St
Distance between this listing and this school0.66 miles
Public Magnet Grades PK-8
Nearby Schools
1
/10
James Hillhouse High School
480 Sherman Pkwy
Distance between this listing and this school0.39 miles
Public District Grades 9-12
6
/10
Amistad Academy
130 Edgewood Ave
Distance between this listing and this school0.99 miles
Public Charter Grades KG-12
6
/10
Engineering - Science University Magnet School
89 Bull Hill Ln
Distance between this listing and this school1.31 miles
The neighbors living near this home have an average income of $31,167. The majority of New Haven, CT residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 96 Shelton Ave in New Haven, CT and zip code 06511 in the Newhallville neighborhood. This 5,533 square foot home, which was built in 1903, sits on a 0.18 acre lot. Features: 15 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 18, 2023 and is currently priced at $639,900.
While more than 15 listings in New Haven, CT in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 19 were sold below. The inventory of homes for sale in New Haven, CT between February 2024 and March 2024 increased by 2.2%.
From Rocket Homes Real Estate and based on county public records data.