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Two-Family Residential Income Property

72 Woolsey Street New Haven, CT 06513

72 Woolsey Street, New Haven, CT, 06513
$400,000
For Sale
$400,000

MULTI_FAMILY - New Haven, CT

Property Size2,066 SF
Lot Size0.08 Acres
Price / SF$193.61
Days on Market41

Property Features for 72 Woolsey Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 5
Basement
Full
Standard status
Active
Size
2,066 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
6244

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1900
Architectural style
Other
Listing Agency mygoodagent
680 Boston Post Road, Suite H, Boca Raton, CT
Listed by Diandra Shafer
Added: Jun 9 Checked: Jul 19 at 2:06 am
MLS# 24182274 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.


Investment Insights

Based on property information with market context.

72 Woolsey Street is a two-family residential income property in New Haven, Connecticut. The home offers two full units and a combined living area of 2,066 square feet. The property includes six bedrooms and two full bathrooms, with each unit described as having a functional layout, spacious rooms, and natural light.

The address is located in New Haven’s Fair Haven neighborhood. The listing notes convenient access to downtown New Haven and proximity to Yale University, public transportation, shopping, restaurants, and major highways.

This configuration can work well for an owner-occupant seeking rental income from the second unit, or for a buyer looking to acquire a straightforward two-family setup. With room counts provided for the overall property, it supports a range of tenant needs, whether the units are rented as-is or managed with a focus on maintaining consistent bedroom demand.

Key Highlights

  • Two‑family property at 72 Woolsey Street in New Haven’s Fair Haven neighborhood
  • Over 2,000 sq ft of living space with six bedrooms and two full bathrooms
  • Public water and public sewer

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $53.3k $25.80
− Vacancy −$3.6k −$1.75
EGI $49.7k $24.05
− OpEx −$14.9k −$7.21
NOI $34.8k $16.83
2,066 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$496.8K
$434.7K – $579.6K (±1% cap)
NOI $34,775 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$462.3K
$404.5K – $539.3K (±1% cap)
NOI $32,359 @ 7.0% cap · market cap 8.09%
Theoretical Best
Office A
$664.6K
$581.5K – $775.4K (±1% cap)
NOI $46,521 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Computer & Electronic Repair Locksmith Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Tech Support Center (Bike/Boat/Book/etc) Store Pet Store & Service Restaurant

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

FAQs

What type of property is this?
Duplex - Two-unit residential property with six bedrooms and two full bathrooms, suited for an owner-occupant or rental-minded buyer.
Where is this duplex located?
The property is located at 72 Woolsey Street New Haven, CT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑family property at 72 Woolsey Street in New Haven’s Fair Haven neighborhood; Over 2,000 sq ft of living space with six bedrooms and two full bathrooms; Public water and public sewer
Contact an agent
More about this property
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