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    New Haven Triplex Investment Property Title is generated by Realmo AI

    49 Carmel St, New Haven, CT 06511

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    Three-family property suitable for income generation in New Haven.

    Type:Multifamily
    Property size:
    2,268 SF
    Price / SF:
    $207/SF
    Added:
    Mar 16, 2026
    Days on Market:
    114
    Last Refresh:
    Jul 2 at 5:38 am

    Property Features for 49 Carmel St

    General Information

    Standard status
    Active
    Size
    2,268 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1920

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    Javyn Roundtree

    Listing office Roundtree Realty

    Listing date Mar 16, 2026

    Source Crexi

    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 Roundtree Realty

    HighLights

    • Great investment opportunity.
    • Steady income potential.
    • Three family property.

    Overview

    This multifamily property, located in New Haven, Connecticut, is a three-family residence suitable as an investment property to hold for steady income. The property has a size of 2268 square feet.

    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 $58.5k $25.80
    − Vacancy −$4.0k −$1.75
    EGI $54.5k $24.05
    − OpEx −$16.4k −$7.21
    NOI $38.2k $16.83
    2,268 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $545.4K
    $477.2K – $636.3K (±1% cap)
    NOI $38,175 @ 7.0% cap · market cap 8.12%
    Second Best
    Apartment 5plus
    $507.5K
    $444.0K – $592.1K (±1% cap)
    NOI $35,523 @ 7.0% cap · market cap 7.56%
    Theoretical Best
    Office A
    $729.6K
    $638.4K – $851.2K (±1% cap)
    NOI $51,069 @ 7.0% cap · market cap 10.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Bakery (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Pet Grooming Service Tattoo & Piercing Shop HVAC Service Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9424602
    Latitude
    41.3181318

    FAQs

    What type of property is this?
    Triplex - Three-family property suitable for income generation in New Haven.
    Where is this triplex located?
    The property is located at 49 Carmel St New Haven, CT.
    What is the asking price?
    The asking price for this property is $470,000.
    What are key features of this property?
    This property features: Great investment opportunity.; Steady income potential.; Three family property.
    More about this property
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