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Triplex with Detached Garage
New
For Sale
$599,000

130 Plymouth Street, New Haven, CT 06504

The property has separate utilities and long-term tenants in place.

Property Size2,324 SF
Price / SF$257.75
Days on Market5

Property Features for 130 Plymouth Street

General Information

Standard status Active
Size 2,324 SF
Total Parking Spaces 2
Property subtype 3 Family

Site & Location

Highway Access Yes
Utilities to Site Yes

Building Details

Year Built 1910
Stories 3
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Audra Digello
Source: Lockandkeyre
Added: Jul 28 Changed: Aug 1 Last Checked: Aug 1 at 3:42AM

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

Investment Insights

Based on property information with market context.

Built in 1910, this three-unit residential property includes two 2-bedroom apartments and an updated 1-bedroom apartment. The first-floor unit has an eat-in kitchen, living room, full bath, and large windows. The second-floor apartment adds a walk-in closet and covered porch, while the top-floor unit features high ceilings, a kitchen, and bright living space.

A detached 2-car garage provides on-site parking and storage. The property has 3 separate gas furnaces and gas water heaters, along with separate utilities for each unit. The roof was replaced within the last year. Located at 130 Plymouth Street in New Haven, the property is just off Ella T. Grasso Boulevard and near downtown New Haven, Yale, shopping, restaurants, and major highways.

Key Highlights

  • Three‑unit property with two 2‑bedroom apartments and one updated 1‑bedroom apartment
  • Detached 2‑car garage provides on‑site parking and storage
  • 3 separate gas furnaces and gas water heaters

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 $60.0k $25.80
− Vacancy −$4.1k −$1.75
EGI $55.9k $24.05
− OpEx −$16.8k −$7.21
NOI $39.1k $16.83
2,324 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$558.8K
$489.0K – $652.0K (±1% cap)
NOI $39,117 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$520.0K
$455.0K – $606.7K (±1% cap)
NOI $36,400 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$747.6K
$654.1K – $872.2K (±1% cap)
NOI $52,330 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Plumbing Service Storage Facility Tech Support Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,107
Businesses Nearby

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - The property has separate utilities and long-term tenants in place.
Where is this triplex located?
The property is located at 130 Plymouth Street New Haven, CT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three‑unit property with two 2‑bedroom apartments and one updated 1‑bedroom apartment; Detached 2‑car garage provides on‑site parking and storage; 3 separate gas furnaces and gas water heaters
More about this property
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