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Multifamily Investment Opportunity in West Haven

36 Baggott Street West Haven, CT 06516

Claim this Listing
For Sale
$499,900

Well-maintained duplex with income potential near universities and amenities.

Type:Multi-Family / 2 Family
Property size:
2,800 SF
Price / SF:
$178.54/SF
Added:
May 13, 2026
Days on Market:
63
Last Refresh:
Jul 5 at 2:47 am

Property Features for 36 Baggott Street

General Information

Standard status
Active
Size
2,800 SF
Property subtype
Multi-Family / 2 Family

Building Details

Year Built
1890

Listing office eRealty Advisors, Inc.

Listing date May 13, 2026

Source Compass

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 eRealty Advisors, Inc.


Investment Insights

Based on property information with market context.

This multifamily property presents an investment opportunity in West Haven, suitable for investors or owner-occupants seeking rental income. The property features recent upgrades, including a Navien NHB-150 Gas Boiler powered by natural gas, a newer driveway, and a newer roof. Attic insulation is slated for completion in 2025, with second-floor bathroom flooring updated in 2026, and third-floor bathroom flooring updated in 2025. Two new refrigerators were installed in 2025, and a washer and dryer were replaced in 2023. The property consists of two units, each featuring 3 bedrooms and 1 full bathroom. The second-floor unit includes access to a finished third floor, offering potential for additional living space, a home office, recreation area, guest space, or storage. The property is located near the University of New Haven, the Veterans Hospital, and Yale University. It is also conveniently close to Yale New Haven Hospital, shopping, restaurants, beaches, public transportation, the train station, and major highways including I-95 and Route 1, providing access to New Haven and surrounding shoreline communities. The property size is 2800 square feet.

Key Highlights

  • Prime location near the University of New Haven, Yale University, and Yale New Haven Hospital, offering strong rental demand.
  • Multifamily property ideal for owner‑occupants seeking rental income or investors.
  • Second‑floor unit includes a finished third floor, providing flexible space.

Local Financial Insights For Apartment 5plus

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 $85.0k $30.36
− Vacancy −$5.3k −$1.88
EGI $79.7k $28.48
− OpEx −$35.9k −$12.81
NOI $43.9k $15.66
2,800 SF · lease $30.36/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$673.3K
$589.1K – $785.5K (±1% cap)
NOI $47,129 @ 7.0% cap · market cap 9.43%
Second Best
Apartment 5plus
$626.5K
$548.2K – $730.9K (±1% cap)
NOI $43,856 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$900.7K
$788.1K – $1.05M (±1% cap)
NOI $63,048 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Computer & Electronic Repair Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Storage Facility Travel Agency

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex with income potential near universities and amenities.
Where is this duplex located?
The property is located at 36 Baggott Street West Haven, CT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Prime location near the University of New Haven, Yale University, and Yale New Haven Hospital, offering strong rental demand.; Multifamily property ideal for owner‑occupants seeking rental income or investors.; Second‑floor unit includes a finished third floor, providing flexible space.
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