83 E Grand Ave New Haven, CT 06513

Building Details

Year Built

1979

Listing agency Pulse Realty LLC d***@pulserealty.com Show Phone

Listed by Douglas Ledewitz · License #REB.0759199 Show Phone

Source Elliman

Added: Mar 31 Updated: Jul 6 at 12:01PM Checked: Jul 21 at 8:44AM

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Investment Insights

Based on property information with market context.

This is a fully rented, 13-unit multifamily portfolio located on East Grand Ave in New Haven's Fair Haven Heights neighborhood. The property consists of three buildings with a unit mix including 1-bedroom townhome-style units, ADA-compliant 2-bedroom units, and larger 3 and 4 bedroom apartments. Units feature interior finishes such as tile flooring, wood kitchen cabinets, granite countertops, and hardwood floors. The asset benefits from historically low tenant turnover. There is strong in-place income with upside potential through future rent growth and possible unit expansion opportunities. The property is located minutes from I-91, I-95, downtown New Haven, Yale University, and major employment centers, with close proximity to public transportation, schools, shopping, dining, and local businesses within a high-demand rental market. The 2, 3, and 4-bedroom units have gas heat and central air. The 1-bedroom units are all approximately the same size and are all electric with no central AC. The years the buildings were built are 1979, 1930, and 1870.

Key Highlights

• Fully rented 13‑unit multifamily portfolio in a high‑demand rental market.
• Strong in‑place income with upside potential through rent growth.
• Desirable unit mix including 1‑bedroom townhomes and ADA‑compliant 2‑bedroom units, plus larger apartments.

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FAQs

What type of property is this?

Apartment building - Thirteen-unit multifamily portfolio in New Haven's Fair Haven Heights.

Where is this apartment building located?

The property is located at 83 E Grand Ave New Haven, CT.

What is the asking price?

The asking price for this property is $2,575,000.

What are key features of this property?

This property features: Fully rented 13‑unit multifamily portfolio in a high‑demand rental market.; Strong in‑place income with upside potential through rent growth.; Desirable unit mix including 1‑bedroom townhomes and ADA‑compliant 2‑bedroom units, plus larger apartments.