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    85 Pierpont St New Haven, CT 06513

    For Sale
    $185,000

    Fire-damaged two-family property in Fair Haven, New Haven.

    Lot size:
    0.10 Acres

    Property Features for 85 Pierpont St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1900

    Source: Century 21 AllPoints Realty Agent Chantal Lallier

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

    Overview

    Fair Haven Investor Opportunity

    Located in Fair Haven, this two-family property presents an investment opportunity. The structure is sound, though fire damage necessitates a full rehabilitation. Each unit contains two bedrooms, one bathroom, a living room, and a kitchen. The property features double gates on both sides and an oversized detached garage. Situated a short distance from Quinnipiac River Park and Jocelyn Square Park, the location provides convenient access to restaurants, shops, and markets. Bus lines, I-91, I-95, and the New Haven train station are easily accessible. The property is also located close to Wooster Square and its dining options. The property is being sold as-is. Market rents for two-bedroom units in the area range from $1,600 to $1,750 per month, suggesting potential cash flow after renovation. This property is suited for investors seeking long-term equity and rental income.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    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
    -72.8947483
    Latitude
    41.3071382

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    FAQs

    What type of property is this?
    Duplex - Fire-damaged two-family property in Fair Haven, New Haven.
    Where is this duplex located?
    The property is located at 85 Pierpont St New Haven, CT.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Strong potential cash flow with market rents for 2BR units ranging from $1,600-$1,750/month.; - Structurally sound 2-family property offering significant upside after renovation.; - Prime location near Quinnipiac River Park, Jocelyn Square Park, Wooster Square, restaurants, shops, and markets.
    (860) 729-4176
    Request Owner's contact information
    85 Pierpont 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
    85 Pierpont St New Haven, CT 06513
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