Triplex with Detached
For Sale
$525,000
130 Plymouth, New Haven, CT 06504
The property has separate utilities and long-term tenants in place.
Property Size2,324 SF
Price / SF$225.90
Days on Market78
Property Features for 130 Plymouth
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
(203) 795-6000
Listed By:
Audra Digello · License #RES.0764081
(203) 506-4778
Source:
Lockandkeyre
Added: Jul 28
Changed: Oct 13
Last Checked: Oct 12 at 7:19PM
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$39,117
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,340
$782.3K
Cap Rate 7%
$558,814
$558.8K
Cap Rate 9%
$434,633
$434.6K
Market Conditions
NOI Build-Up for 2,324 SF
Gross rent
$60.0K $25.80/SF
− Vacancy
−$4.1K −$1.75/SF
EGI
$55.9K $24.05/SF
− OpEx
−$16.8K −$7.21/SF
NOI
$39.1K $16.83/SF
Area
New Haven, CT
Vacancy
6.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,340
Cap Rate 7%
$558,814
Cap Rate 9%
$434,633
Alternative Uses
Best Use
Multifamily LT 5
$558.8K
$489.0K – $652.0K
NOI $39,117 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$520.0K
$455.0K – $606.7K
NOI $36,400 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$747.6K
$654.1K – $872.2K
NOI $52,330 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,107
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Multifamily in Northeast region
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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 New Haven, CT.
What is the asking price?
The asking price for this property is $525,000.
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
