77 Hazel Street new

New Haven,CT 06511

$ 1200000

18 Beds

6 Baths

6057 SqFt


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

View More
Favorite Go Tour