91 Spring Street Active Save Request In-Person Tour Request Virtual Tour
New Haven,CT 06519
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,530 sqft
Price per Sqft $146
MLS Listing ID 24034994
Style Units on different Floors
Bedrooms 7
Full Baths 3
Year Built 1900
Annual Tax Amount $5,611
Lot Size 2,178 Sqft
Property Description
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.
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full
Interior
Heating Hot Air
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Gable
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed