Triplex Residence with Central Air

211 Nicoll Street New Haven, CT 06511

Claim this Listing
For Sale
$749,900

MULTI_FAMILY - New Haven, CT

Property size:
2,814 SF
Lot size:
0.17 Acres
Price / SF:
$266/SF
Added:
Jun 9, 2026
Days on Market:
35
Last Refresh:
Jul 13 at 12:06 pm

Property Features for 211 Nicoll Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Basement
Parking
8
Exterior features
Sidewalk
Basement
Full, Unfinished
Standard status
Active
Size
2,814 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
13393

Utilities

Sewer type
Public Sewer
Cooling system
Central Air, Window Unit(s)
Water source
Public

Building Details

Year built
1900
Architectural style
Other

Listing agent Dave Candido

Listing office Press/Cuozzo Realtors 2751 Dixwell Avenue, Hamden, CT

Listing date Jun 9, 2026

MLS# 24182201 Listing URL

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This triplex residence is configured with three separate units, including a first-floor owner’s unit and two upper apartments. The first-floor layout includes a spacious dining room with original built-ins, an eat-in kitchen with a dishwasher, and central air. Both the first- and second-floor units are currently set up as two-bedroom apartments with room to adjust the layout to three-bedroom configurations. The second-floor unit is described as currently occupied and expected to be empty by mid-July. The third-floor unit is currently a one-bedroom and is described as having the ability to be flexed to a two-bedroom layout. Improvements noted include replacement windows throughout and newer efficient gas furnaces servicing the first and second floors.

The home offers separate utilities and a private driveway that provides off-street parking. Dedicated washer/dryer hookups are available in the basement, supporting convenient in-unit laundry access for occupants.

For tenants, the property presents multi-unit living with in-home laundry hookups and climate comfort supported by central air on the first floor. For buyers, the three distinct units and separate utilities can simplify day-to-day management, while the described flexibility in unit layouts supports adaptable use as occupancy needs change over time.

Key Highlights

  • Year built 1900 East Rock multi‑family residence with replacement windows throughout
  • First- and second‑floor units are currently configured as 2‑bedroom apartments with potential to flex into 3‑bedroom layouts
  • Third‑floor unit is currently a 1‑bedroom; potential to convert to a 2‑bedroom to increase unit versatility

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 $72.6k $25.80
− Vacancy −$4.9k −$1.75
EGI $67.7k $24.05
− OpEx −$20.3k −$7.21
NOI $47.4k $16.83
2,814 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$676.6K
$592.1K – $789.4K (±1% cap)
NOI $47,365 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$629.6K
$550.9K – $734.6K (±1% cap)
NOI $44,075 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$905.2K
$792.1K – $1.06M (±1% cap)
NOI $63,364 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit triplex in New Haven with separate utilities, off-street parking, and central air for comfortable owner-occupancy.
Where is this triplex located?
The property is located at 211 Nicoll Street New Haven, CT.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Year built 1900 East Rock multi‑family residence with replacement windows throughout; First- and second‑floor units are currently configured as 2‑bedroom apartments with potential to flex into 3‑bedroom layouts; Third‑floor unit is currently a 1‑bedroom; potential to convert to a 2‑bedroom to increase unit versatility
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