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    Beachside Duplex Investment Opportunity Title is generated by Realmo AI

    102 Dawson Ave, West Haven, CT 06516

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    Claim this Listing
    For Sale
    $699,000

    Two-family home near Dawson Beach with income potential.

    Type:Multi Family
    Property size:
    2,700 SF
    Price / SF:
    $258/SF
    Added:
    Apr 21, 2026
    Days on Market:
    62
    Last Refresh:
    Apr 21 at 12:23 am

    Property Features for 102 Dawson Ave

    General Information

    Standard status
    Active
    Size
    2,700 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    1910

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    Listing Contact
    Melanie L. Gunn
    Melanie L. Gunn

    Listing agent Melanie L. Gunn

    Listing office Coldwell Banker Realty

    Listing date Apr 21, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

    HighLights

    • Two‑family home offering both living space and income potential.
    • Main residence features 3 floors, approximately 2,000 sq ft, with water views.
    • Second unit is a 1‑bedroom, 1‑bath layout (approx. 700 sq ft) with water views.
    • Updated main residence with hardwood floors, eat‑in kitchen, primary suite with walk‑in closet, and finished lower level.
    • Located near Dawson Beach, restaurants, and conveniences on Ocean Ave, and less than 20 minutes to New Haven.
    • Equipped with gas heat, central air, and a spacious backyard.

    Overview

    This two-family home offers an investment opportunity with seaside ease and an incredible location. The main residence features approximately 2,000 sq ft of living space across three floors, with a wraparound porch, natural light, and water views. The interior includes hardwood floors and updates throughout. The first floor has an open floor plan with a formal living room, an updated eat-in kitchen, a dining room, a laundry area, and a half bath. The second floor features a primary bedroom suite with a full bath and walk-in closet, three additional bedrooms, an enclosed three-season room, and a back balcony. The finished lower level completes this apartment. The second unit offers approximately 700 sq ft with a one-bedroom, one-bath layout and water views, suitable for rental income or guests. The home is equipped with gas heat, central air, and a spacious backyard. Located near Dawson Beach in a sought-after neighborhood near Ocean Ave's restaurants and conveniences, and less than 20 minutes from New Haven, this property offers coastal living and beachfront dreams.

    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 $69.7k $25.80
    − Vacancy −$4.7k −$1.75
    EGI $64.9k $24.05
    − OpEx −$19.5k −$7.21
    NOI $45.4k $16.83
    2,700 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $649.2K
    $568.1K – $757.4K (±1% cap)
    NOI $45,446 @ 7.0% cap · market cap 6.50%
    Second Best
    Apartment 5plus
    $604.1K
    $528.6K – $704.8K (±1% cap)
    NOI $42,289 @ 7.0% cap · market cap 6.05%
    Theoretical Best
    Office A
    $868.5K
    $760.0K – $1.01M (±1% cap)
    NOI $60,797 @ 7.0% cap · market cap 8.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Hair Salon Food Market Grocery & Convenience Store Gym & Fitness Center Pharmacy Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    West Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9676947
    Latitude
    41.2487285

    FAQs

    What type of property is this?
    Duplex - Two-family home near Dawson Beach with income potential.
    Where is this duplex located?
    The property is located at 102 Dawson Ave West Haven, CT.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Two‑family home offering both living space and income potential.; Main residence features 3 floors, approximately 2,000 sq ft, with water views.; Second unit is a 1‑bedroom, 1‑bath layout (approx. 700 sq ft) with water views.
    More about this property
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