424 Orchard St | New Haven, CT 06511
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424 Orchard St
New Haven, CT 06511
420 & 424 Orchard Street, New Haven, CT 06511 · Residential Property For Sale · 6 Units
Executive Summary
Lisa Cozzi is the exclusive listing agent for these amazing 3-unit assets on a tree lined street asset located in the Dwight neighborhood, filled with historical parks, hospitals and less than a mile to Yale University. The asset has tenant paid utilities & is perfect for the owner-occupied buyer or Investor. The unit mix is: 2; 3 bedroom/1 bathroom (rental comps are $2700 for quality condition rentals in the area) & 1; 2 bedroom/1 bathroom units (Rents go as high as $2,000/month for quality condition) for one property. There are no arrears. The current rent is $1250 on the 2nd floor (3 bed), which is below market. The other property has a unit Mix of the 1st Floor, 3 Bed & 1 Bath: 2nd & 3rd is 2 Bed & 1 Bath; 1st & 2nd Floor Heat is Baseboard Hot Water fueled by Natural Gas; 3rd Floor Heat is Warm Air by Natural Gas. There are two units ready to rent. Unit 1 has natural light, a large eat in kitchen, built-in cabinets & gleaming hardwood floors. The property has a fenced in backyard with off street parking. Investors and agents please take note, both 424 and 420 Orchard are being sold together or separately. The numbers sheet attached contains both properties and their numbers.
PROPERTY FACTS Under Contract
| Price Per Unit | £118,889 | Apartment Style | Townhome |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 6 | Building Size | 6,648 SF |
| Property Type | Residential | Number of Floors | 3 |
| Property Subtype | Apartment | Year Built | 1820 |
| Price Per Unit | £118,889 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Lot Size | 0.17 AC |
| Building Size | 6,648 SF |
| Number of Floors | 3 |
| Year Built | 1820 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+1 | 3 | £1,162 | 1,249 |
| 2+1 | 3 | £1,162 | 535 |
zoning
| Zoning Code | RM2 |
| RM2 |
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