314 Lenox Street new Save Request In-Person Tour Request Virtual Tour
New Haven,CT 06513
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,296 sqft
Price per Sqft $204
Subdivision Fair Haven Heights
MLS Listing ID 24107282
Style Units on different Floors
Bedrooms 6
Full Baths 2
Year Built 1900
Annual Tax Amount $6,430
Lot Size 6,534 Sqft
Property Sub-Type 2 Family
Property Description
Investor's Dream in Fair Haven Heights: Approved 3-Family Conversion with Water Views. Unlock incredible income potential with this updated two-family home, situated in New Haven's desirable Fair Haven Heights neighborhood. This property presents a rare opportunity to own a triplex for under $500,000. Already approved by the city for conversion to a three-family dwelling, this property comes with the permits and floor layouts in hand to transform the spacious third-level attic into a charming one-bedroom apartment. With comparable 1-bedroom units in the area currently commanding rents around $1,700 per month, the added unit promises significant immediate ROI. The existing two units have been thoughtfully remodeled within the last 1.5 years, featuring modern upgrades. Each unit have tile baths, sleek quartz countertops, brand-new cabinetry, and gleaming stainless-steel appliances. Plus, all windows throughout the property are new. Property is being sold AS IS and will require a new roof once the third unit conversion is completed. property has potential to convert the garage into an (additional dwelling unit) ADU for added income. however, the proper permits are required for this ADU in the garage.
Location
State CT
County New Haven
Zoning RM1
Rooms
Basement Full,Storage,Full With Hatchway
Interior
Heating Hot Water
Cooling None
Exterior
Exterior Feature Porch,Garden Area,Patio
Parking Features Detached Garage,Paved,Off Street Parking,Driveway
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Water View
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Quinnipiac
High Schools Wilbur Cross