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    OFF-MARKET
    Multifamily properties

    17 Davis St, New Haven, CT 06515

    Built 1924
    Property ID
    US15-1174998
    Property summary
    AI-generated overview

    Exceptional investment opportunity in the heart of New Haven's desirable 06515 location. 17 Davis Street is a well-positioned multi-family property offering immediate cash flow with substantial upside potential. The property is currently rented at $1,785, $1,150, and $1,700, with projected market rents of approximately $1,950, $1,750, and $1,750, presenting a compelling value-add opportunity for investors seeking both stable income and future growth. This property combines strong in-place revenue with the ability to increase returns through strategic rent adjustments. Ideally located near neighborhood amenities, shopping, restaurants, parks, and major commuter routes, 17 Davis Street offers the convenience and long-term desirability that today's buyers are looking for. A rare chance to acquire a multi-family asset in a strong New Haven location with both present performance and future potential.

    Property profile
    Verified
    Property type Multifamily properties
    Year built 1924
    UPID US15-1174998
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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