Fully renovated 5-unit multifamily property located in the Fair Haven neighborhood on Chapel Street, just 10 minutes from Downtown New Haven. The asset features updated units with modern finishes, including renovated kitchens and bathrooms, as well as new hot water tanks and a furnace, making it a low-maintenance, turnkey investment. Strong in-place income with below-market rents offers clear upside potential for future rent increases. Conveniently located near major employers, public transportation, and local amenities, this property is well-positioned in a growing rental market with continued demand.
Features
11 bedrooms
5 bathrooms
directions_car1 carspace
3523 sq. ft. floor area
crop_free0.1 ac. lot size
cottageMulti-Family
Property history for 163 Chapel Street
2020
Sold
$280,000
23 Dec 2020 by Charles Kroopneck, of Property World
Happy sellers in New Haven
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Local market activity for 11 bedroom multi families in New Haven
Sold
For Sale
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