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550 Whitney Ave

New Haven CT 06511

9
16
8269 sq. ft.
0.55 ac.
Multi-Family
Currently for sale - view listing

Overview

550 Whitney Avenue is a 16-unit multifamily property located in the sought-after East Rock neighborhood of New Haven, CT. The property features 9 one-bedroom units and 7 studios. 2 of the studios are located on the top-floor with private roof decks. The property features off-street parking and a common laundry room. The property features strong value-add potentials. Renovations may significantly boost net income, energy efficiency, and property performance. The property already boasts brick exterior and private parking spaces. The property has great access to Yale campus, including the School of Management, Physics and Computer Science Department, as well as the planned Yale Science Building on Whitney and Edwards. Construction on the state-of-the-art Yale Science Building is already underway, presenting a potential boon for area multifamily properties, as demand for housing may grow with the campus expansion, and such expansion's potential impact on job growth. Its prime location boasts easy access to East Rock's vibrant boutique cafes and restaurants, as well as easy transport to nearby neighborhoods and towns. Tenants responsible for electricity. Ownership responsible for oil heating, water, and sewage.

Features

9 bedrooms
16 bathrooms
8269 sq. ft. floor area
0.55 ac. lot size
Multi-Family

Property history for 550 Whitney Ave

2019
Sold
$2,350,000
27 Mar 2019 by Carol Horsford, of Farnam Realty Group

Happy sellers in New Haven

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We have insufficient information to provide an overview of customer satisfaction for New Haven. Viewing the agent profiles, reviews and sales for New Haven can provide insights for this location.

Local market activity for 9 bedroom multi families in New Haven

In the last 12 months, 2 nine-bedroom multi families similar to 550 Whitney Ave, have been sold.

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Sales:
(619) 566-0008
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