151 Read Street
New Haven, Connecticut

Description:

Multi-Family Investment Opportunity in Newhallville - Near Albertus Magnus College! This fully occupied two-family property offers strong potential in a growing rental market. The first-floor unit features 2 bedrooms and 1 bathroom, currently rented for $1,000/month. The second-floor unit includes 4 bedrooms and 1 bathroom, with a monthly rent of $1,200. Both tenants are long-term and month-to-month, presenting an excellent chance for rental income growth-rents are likely below market value. The property is conveniently located close to schools and public transportation. Whether you're a seasoned investor or just getting started, this is a great opportunity to capitalize on an up-and-coming neighborhood and a competitive rental market. Bring your vision and unlock the property's full potential! Sold as-is. May not qualify for FHA or VA financing.

Listing Courtesy of Lamacchia Realty