78 Pierpont Street
New Haven, Connecticut

Description:

Perfect investor/contractor opportunity! This two-family property offers tremendous value-add potential for the right investor ready to bring it back to life. Each unit features 3 spacious bedrooms and 1 bathroom, along with a spacious attic and a basement that previously offered 2 additional bedrooms. Prior to the fire damage, the first-floor unit featured impressive 9-foot ceilings that created an open and spacious feel throughout the home. The property sustained fire damage and requires a full rehabilitation, making it an ideal project for experienced investors, contractors, or rehab specialists looking to restore and reimagine a property with strong potential. A rare opportunity to transform this multi-family property and bring it back to its original beauty. Potential value-add opportunity with flexible layout possibilities. Previous ownership proposed converting the property into a 3-family with a potential 5-bedroom first-floor unit (including basement), plus 3-bedroom second and third-floor units. Another option may allow for a large 2-family with a potential 6-bedroom upper unit and 5-bedroom lower unit. Buyers to conduct their own research regarding zoning and possible uses. Some photos included were taken prior to the fire damage and are provided for reference only.

Listing Courtesy of Alpha Capital Realty, LLC