169 Chatham Street
New Haven, Connecticut

Description:

169 Chatham Street, a legal four-family property, is being offered for the first time in approximately 25 years. This well-maintained property offers a rare opportunity with tremendous flexibility for both an owner-occupant and an investor looking to add to their portfolio. The lower level features an efficiency apartment currently occupied by the owner. The spacious first-floor apartment is ideal for a homeowner who wants plenty of living space while allowing rental income from the additional units to help offset the mortgage. This unit offers 3 bedrooms, 2 full bathrooms, a living room, dining room and kitchen, along with engineered hardwood flooring and fresh paint. The second-floor apartment is occupied by long-term tenants and features 3 bedrooms and 1 full bathroom. The third-floor apartment offers 2 bedrooms and 1 full bathroom. The existing tenants are leased through January 2027, providing immediate rental income for the new owner. Additional features include separate utilities, a garage and a private driveway. Whether you are looking to owner-occupy while building equity or add a solid four-family property to your investment portfolio, 169 Chatham Street offers space, income potential and endless possibilities. Sold as is.

Listing Courtesy of Great Estates, CT