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Two-Family Residential Income

45 Huntington Street New Haven, CT 06511

45 Huntington Street, New Haven, CT, 06511
$430,000
For Sale
$430,000

Well-maintained two-family home with separate entrances, separate utilities, and washer/dryer hookups in both units.

Property Size2,436 SF
Price / SF$176.52
Days on Market283

Property Features for 45 Huntington Street

General Information

Standard status
Active
Size
2,436 SF
Property subtype
Multi-Family / 2 Family

Building Details

Year Built
1945
Listing agency GRL & Realtors, LLC
Listed by Diana L Nastri · License #RES.0792538
Source Compass
Added: Oct 14, 2025 Updated: Jul 22 at 7:40PM Checked: Jul 22 at 7:40PM

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 GRL & Realtors, LLC


Investment Insights

Based on property information with market context.

This well-maintained two-family home is configured for separate living with each unit having its own entrance and separate utilities. Both units offer three bedrooms, a full bath, a living room, and a kitchen, with washer and dryer hookups included in each unit.

The first-floor unit includes a private yard. The property is located in New Haven near amenities, schools, and transportation.

Designed to support flexible occupancy and rental use, the layout provides two distinct residences under one ownership, each with its own core living spaces and utility separation.

Key Highlights

  • Well‑maintained two‑family home with separate entrances for each unit
  • Separate utilities for both units
  • Each unit offers 3 bedrooms, a full bath, a living room, and a kitchen

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 $74.0k $30.36
− Vacancy −$4.6k −$1.88
EGI $69.4k $28.48
− OpEx −$31.2k −$12.81
NOI $38.2k $15.66
2,436 SF · lease $30.36/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$585.8K
$512.5K – $683.4K (±1% cap)
NOI $41,003 @ 7.0% cap · market cap 9.54%
Second Best
Apartment 5plus
$545.1K
$476.9K – $635.9K (±1% cap)
NOI $38,154 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$783.6K
$685.7K – $914.2K (±1% cap)
NOI $54,852 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Hair Salon Dental Office Nail Salon Spa & Massage Center Pharmacy Auto Parts Store Building Supply Computer & Electronic Repair Big Box & Wholesale Store

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

FAQs

What type of property is this?
Duplex - Well-maintained two-family home with separate entrances, separate utilities, and washer/dryer hookups in both units.
Where is this duplex located?
The property is located at 45 Huntington Street New Haven, CT.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Well‑maintained two‑family home with separate entrances for each unit; Separate utilities for both units; Each unit offers 3 bedrooms, a full bath, a living room, and a kitchen
Contact an agent
More about this property
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