429 Poplar Street
New Haven Connecticut

Description:

Unlock the potential of this value-add 3-unit asset in Fair Haven. Featuring two spacious 2-bedroom units and one 1-bedroom, tenants are currently month-to-month and paying below market rents-creating immediate upside. Rental comps in the area show 2-bedrooms at $1,650 and 1-bedrooms at $1,200, offering plenty of room to increase cash flow. Inside, you'll find oak kitchen cabinets, durable tile flooring, and updated bathrooms with modern tile finishes. Vinyl siding, newer replacement windows, and separate tenant-paid utilities keep expenses low and efficiency high. Outside, a fenced backyard adds extra appeal for tenants. Located minutes from highways and downtown amenities, this property is primed for appreciation and stronger returns with some light cosmetic TLC. Don't miss out on this solid three-unit opportunity with built-in equity and serious rent growth potential.

Listing Courtesy of Century 21 AllPoints Realty