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$1,200,000
Est. payment /mo
18 Beds
6 Baths
6,057 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 6,057 sqft
Price per Sqft $198
MLS Listing ID 24106314
Style Other
Bedrooms 18
Full Baths 6
Year Built 1920
Annual Tax Amount $15,930
Lot Size 10,454 Sqft
Property Sub-Type 5 Family+
Property Description
Vanguard Private Client Group is pleased to present 77 Hazel Street - a fully renovated 6-unit multifamily asset located just two blocks from New Haven's rapidly expanding Science Park. Each unit is a spacious 3-bedroom, 1-bath layout with the potential to be used as a 4-bedroom, catering to the area's strong rental demand from students, young professionals, and biotech employees. This turnkey property offers immediate upside. With projected rents of $2,100-$2,400 per unit, the building can stabilize at an 11% cap rate. All remaining leases are either month-to-month or approaching expiration, offering full repositioning flexibility. Fully gut-renovated interior and exterior Off-street parking Separate utilities | Tenants pay heat & electric. Walking distance to Yale, Science Park, and Winchester Green. Strong rental upside in a sub-5% vacancy market
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full, Shared Basement
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Parking Features None, Paved, Off Street Parking
Waterfront Description Not Applicable
Roof Type Flat
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
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Listed by Andrew Stein • Vanguard Private Client Grp