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    941 Campbell Ave West Haven, CT 06516

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    For Sale
    $475,000

    Prime downtown triplex near hospital and university with strong income.

    Lot size:
    0.13 Acres

    Property Features for 941 Campbell Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1920

    Source: Dow Della Valle Agent Kathleen E. Hoyt

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

    Overview

    Downtown Triplex Investment Opportunity

    This triplex property is located in a prime downtown location, suitable for investors or owner-occupants. The first-floor unit is vacant and has been recently renovated, presenting move-in-ready potential. The second floor has also been renovated and is occupied by long-term tenants. The third floor features a spacious one-bedroom unit with upgrades and long-term tenancy. The property offers strong rental income and features a fenced backyard in excellent condition. Some renovations have been completed by the current owners. Each unit has separate utilities. The property is located close to a hospital, university, public transit, and downtown amenities. This multi-family property generates cash flow and is located in a high-demand area.
    Location Intelligence

    Current Use by Public Records

    JAM Remodeling Home Builder

    Suggested Use

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

    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
    -72.9570376
    Latitude
    41.2845757

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    FAQs

    What type of property is this?
    Multifamily property - Prime downtown triplex near hospital and university with strong income.
    Where is this multifamily property located?
    The property is located at 941 Campbell Ave West Haven, CT.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Prime downtown location near hospital, university, public transit, and amenities.; - Strong rental income from long-term tenants on the second and third floors.; - **Vacant, recently renovated first-floor unit ideal for owner-occupancy or immediate rental income.**
    (203) 640-6028
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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
    941 Campbell Ave West Haven, CT 06516
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