6 Unit Mix Use Investment Property

For Sale

223 Farren Ave, New Haven, CT 06513

This New Haven property for sale is located at 223 Farren Ave. The current listed sale price for 6 Unit Mix Use Investment Property is $1,050,000. 6 Unit Mix Use Investment Property is situated on a lot that is 0.09 acre in size.

Contacts

broker

Howie Coro

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 3,432 SF
  • Units 6
  • Lot Size 0.09 Acre
  • Additional Rent Contact for pricing
  • Year Built 1900
  • Date Updated Oct 21, 2024
Immerse yourself in the eclectic surroundings of the area surrounding the 6 Unit Mix Used Investment Property in New Haven, CT. This vibrant neighborhood is anchored by the prestigious Yale University, offering a diverse range of cultural and educational offerings for prospective tenants. Just moments away, East Rock Park and Edgerton Park provide serene natural retreats for leisure and outdoor activities. The renowned Yale Peabody Museum of Natural History and Yale University Art Gallery enrich the local arts and culture scene. Boasting a variety of dining options and convenient public transportation, this area seamlessly combines urban convenience with a welcoming community ambiance, making it a compelling choice for both tenants and investors.Welcome to 223 Farren Ave, New Haven—a prime opportunity for the savvy Multifamily / Retail store front, Rental Portfolio investor! This historic 3,432 SF property boasts 6 units, all under one roof. Built-in 1900, it exudes timeless charm while offering modern convenience. Zoned BA, this coveted location is perfect for your investment strategy. With 100% occupancy, this property promises immediate returns and long-term potential. Don't miss your chance to add this gem to your portfolio and secure a steady stream of rental income.

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Highlights

  • - Owner Financing Available
  • - 3,432 SF historic building
  • - 6 units for maximum rental potential
  • - Built in 1900 with timeless charm
  • - Zoned BA for flexible usage
  • - Prime New Haven location
  • - 100% occupancy for immediate returns
  • - Well-maintained property for low maintenance costs
  • - Strong rental demand in the area
  • - Potential for long-term appreciation
  • - Diverse unit mix for varied rental income streams

Getting around

  • 68/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 40/100

    Bike Score ®

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Location

  • City New Haven, CT
  • Neighborhood Annex
  • Zip Code 06513
  • Market Bridgeport New Haven

Points of Interest

  • West Haven

    4.24 miles

  • Citgo

    0.31 miles

  • Shell

    0.82 miles

  • Forbes Fuel

    1.15 miles

  • Exxon

    1.35 miles

  • Sunoco

    1.44 miles

  • ChargePoint

    1.45 miles

  • Mobil

    1.60 miles

  • Mercury Price Cutter

    1.65 miles

  • eVgo

    3.83 miles

  • Tesla Supercharger

    4.98 miles

  • State-Pulaski Lot

    1.45 miles

  • State/Trumbull Parking Lot

    1.46 miles

  • Connecticut Park and Ride

    1.52 miles

  • State-Adubon Parking

    1.53 miles

  • State-Olive Parking

    1.55 miles

  • Parcel E Lot

    1.58 miles

  • Lot 131

    1.59 miles

  • Lot 54

    1.61 miles

  • Lot 32

    1.65 miles

  • Hotel Marcel

    1.43 miles

  • La Quinta Inn & Suites New Haven

    1.53 miles

  • Days Inn New Haven

    1.70 miles

  • Omni New Haven Hotel at Yale

    1.88 miles

  • New Haven Hotel

    1.97 miles

  • The Blake Hotel

    2.10 miles

  • New Haven Village Suites

    2.12 miles

  • Graduate by Hilton New Haven

    2.19 miles

  • The Study at Yale

    2.22 miles

  • The Study

    2.22 miles

  • C-Town

    0.57 miles

  • La Supermarqueta

    0.65 miles

  • Xpect Deep Discounts

    1.18 miles

  • The Meat King by CTown

    1.22 miles

  • Flynn’s Grocery

    1.41 miles

  • Walmart Supercenter

    1.57 miles

  • Elm City Market

    1.68 miles

  • Million Asian Market

    1.75 miles

  • ALDI

    1.86 miles

  • Super Stop & Shop

    1.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Howie Coro

eXp Commercial