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    118 Grafton St New Haven, CT 06513

    Sponsored
    For Sale
    Under Contract
    $300,000

    Units On Different Floors, 3 Family - New Haven, CT

    Property size:
    4,146 SF
    Lot size:
    0.14 Acres
    Days on Market:
    23
    Last Refresh:
    Jan 7 at 11:06 pm

    Property Features for 118 Grafton St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    RM1
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    5
    APN
    1242563
    Parking
    3
    Parking features
    Garage, Garage - Detached
    Basement Y/N
    1
    Size
    4,146 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Steam
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1910
    Building materials
    Asbestos
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Wareck Real Estate LLC (203) 878-6888 [email protected]

    Listing agent Michael Martinez (203) 787-6888

    Listing date Dec 16, 2025

    MLS# 24144246 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fair Haven Three-Family Opportunity

    Located in Fair Haven, this three-family property offers an equity opportunity for contractors and investors. The building spans over 4,000 square feet on a quiet residential street. The third floor is partially gut-rehabbed, while the second floor has been gutted and framed for three bedrooms and two full bathrooms. The first floor is ready for remodeling. The property is situated on a lot of 0.14 acres. The buyer should verify with the zoning and building department, but the existing square footage may allow for a fourth unit. This property presents a potential flip or long-term hold opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8937643
    Latitude
    41.3132202

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    FAQs

    What type of property is this?
    Triplex - Three-family property in Fair Haven with rehab potential.
    Where is this triplex located?
    The property is located at 118 Grafton St New Haven, CT.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - High equity opportunity in Fair Haven with a 3-family property.; - Over 4,000 sq. ft. with potential to add a 4th unit (buyer to verify).; - Partially gut-rehabbed third floor and second floor framed for 3 bedrooms and 2 full bathrooms.
    (203) 996-4984
    Request Owner's contact information
    118 Grafton St New Haven, CT 06513
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    New Haven, CT 06513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 Grafton St New Haven, CT 06513
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