800 George Street
New Haven Connecticut

Description:

Prime Value-Add Opportunity in the West River/Dwight Area! This 3-family property offers a fantastic entry point for investors looking to build equity in a vibrant part of New Haven. Conveniently close to downtown amenities, it includes (2) two-bedroom units and (1) one-bedroom unit. One two-bedroom unit is on a month-to-month lease with below-market rent, leaving options for owner occupancy or tenant turnover to optimize returns. Each unit is spacious and bright, featuring charming hardwood floors and tenant-paid utilities. With light renovations, you can maximize rental income and watch your investment grow. Choose your path: build sweat equity, enjoy appreciation, or leverage equity to expand your portfolio. Comparable sales: 129 Winthrop $415,000 (good condition); 706 George St $520,000 (fully renovated).

Listing Courtesy of Berkshire Hathaway NE Prop.