Two-Family Residential Income
170 Union Avenue West Haven, CT 06516
170 Union Avenue, West Haven, CT, 06516
$399,900
Pending
For Sale
$399,900
Pending
Two-unit home with in-unit laundry, a walk-up attic, and recent mechanical and exterior updates.
Property Size1,618 SF
Days on Market69
Property Features for 170 Union Avenue
General Information
- Standard status
- Pending
- Size
- 1,618 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1900
Listing agency
Berkshire Hathaway NE Prop.
(732) 977-5243
Listed by
Josh Young · License #RES.0809612
(732) 977-5243
Source
Compass
Added: May 15 Updated: Jul 21 at 2:08PM Checked: Jul 22 at 8:09AM
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 Berkshire Hathaway NE Prop.
Investment Insights
Based on property information with market context.
This two-family property at 170 Union Avenue offers separate living space across two floors, plus an unfinished, walk-up attic that can be finished to add further usable area. The first floor includes two bedrooms, one bathroom, and in-unit laundry. The second floor provides one bedroom and one bathroom. The home also includes several updates completed in recent years, including a tankless combi-boiler for the second-floor unit (2025), new gutters (2025), upgraded electrical (2020), and new basement windows (2020).
Access is convenient to routes 95 and 91, and the property is located near shops, restaurants, and public transportation.
The overall configuration makes this a straightforward option for an owner-occupant or for generating rental income from two separate units, with additional expansion potential in the attic space.
Access is convenient to routes 95 and 91, and the property is located near shops, restaurants, and public transportation.
The overall configuration makes this a straightforward option for an owner-occupant or for generating rental income from two separate units, with additional expansion potential in the attic space.
Key Highlights
- Two‑family home with 7 total rooms and an unfinished, walk‑up attic (top floor storage/expansion potential)
- First‑floor unit: 2 bedrooms, 1 bathroom, and in‑unit laundry
- Second‑floor unit: 1 bedroom, 1 bathroom, with common laundry area and washer/dryer in some units
Local 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 | $41.7k | $25.80 |
| − Vacancy | −$2.8k | −$1.75 |
| EGI | $38.9k | $24.05 |
| − OpEx | −$11.7k | −$7.21 |
| NOI | $27.2k | $16.83 |
1,618 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$389.1K
$340.4K – $453.9K
NOI $27,234 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$362.0K
$316.8K – $422.4K
NOI $25,342 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$520.5K
$455.4K – $607.2K
NOI $36,433 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit home with in-unit laundry, a walk-up attic, and recent mechanical and exterior updates.
Where is this duplex located?
The property is located at 170 Union Avenue West Haven, CT.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑family home with 7 total rooms and an unfinished, walk‑up attic (top floor storage/expansion potential); First‑floor unit: 2 bedrooms, 1 bathroom, and in‑unit laundry; Second‑floor unit: 1 bedroom, 1 bathroom, with common laundry area and washer/dryer in some units
