Renovated Multifamily Property Near
For Sale
$850,000
163 Chapel Street, New Haven, CT 06513
Fully renovated 5-unit property with upside potential in New Haven.
Property SizeContact for details
Days on Market139
Property Features for 163 Chapel Street
General Information
Standard status
Active
Property subtype
Multi Family
Zoning
BA
Building Details
Year Built
1900
Listing Agency:
Roundtree Realty LLC
Listed By:
Jacob Mochkin · License #RES.0834521
(347) 981-0571
Source:
Capmarkrealty
Added: Apr 22
Changed: Sep 4
Last Checked: Sep 7 at 4:55AM
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 Roundtree Realty LLC
Investment Insights
Based on property information with market context.
This is a fully renovated 5-unit multifamily property situated on Chapel Street in the Fair Haven neighborhood, approximately 10 minutes from Downtown New Haven. The property features updated units with modern finishes, including renovated kitchens and bathrooms. New hot water tanks and a furnace have been installed. The property benefits from strong in-place income with below-market rents, suggesting potential for future rent increases. The location offers convenient access to major employers, public transportation, and local amenities. The property is located in a growing rental market with continued demand. The bike score is 54, indicating it is bikeable. The walk score is 76, indicating it is very walkable. The transit score is 45, indicating some transit options are available.
Key Highlights
- Fully renovated 5‑unit multifamily property offers a turnkey, low‑maintenance investment.
- Strong in‑place income with below‑market rents provides upside potential.
- Updated units feature modern finishes, including renovated kitchens and bathrooms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
858
Businesses Nearby
Explore this area
Business Placement
Demographics for 06513, CT
38,618
Population
17,006
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
7.2 sq mi
ZIP Area
5,364
Density / Sq Mi
$46,520
Median Household Income
$38,369
Median Earnings
$1,208
Median Rent
$226,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated 5-unit property with upside potential in New Haven.
Where is this apartment building located?
The property is located at 163 Chapel Street New Haven, CT.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully renovated 5‑unit multifamily property offers a turnkey, low‑maintenance investment.; Strong in‑place income with below‑market rents provides upside potential.; Updated units feature modern finishes, including renovated kitchens and bathrooms.
