Six-Unit Multifamily
50 Nash Street New Haven, CT 06511
50 Nash Street, New Haven, CT, 06511
$1,595,000
For Sale
$1,595,000
Six two-bedroom, one-bath units with separate utilities and a large basement with laundry and storage.
Property Size5,661 SF
Price / SF$281.75
Days on Market16
Property Features for 50 Nash Street
General Information
- Standard status
- Active
- Size
- 5,661 SF
- Property subtype
- 5 Family+
Building Details
- Year Built
- 1900
Listing agency
Seabury Hill REALTORS
(203) 675-3942
Listed by
John Hill · License #REB.0795121
(203) 675-3942
Source
Lockandkeyre
Added: Jul 6 Updated: Jul 21 at 9:53AM Checked: Jul 21 at 9:53AM
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 Seabury Hill REALTORS
Investment Insights
Based on property information with market context.
This six-unit multifamily building offers six two-bedroom, one-bath apartments, with layouts that can be used as three-bedroom configurations. Two of the four apartments have been renovated with updated kitchens and baths, while the remaining units present opportunity for further upgrades. The property includes a large basement with laundry facilities and ample storage, along with separate utilities for gas and electricity.
The building is described as low maintenance, with no off-street parking and a small yard. It is located steps from the boutiques and restaurants along State Street, with access to Downtown New Haven and Yale within minutes.
Units are supported by separate gas and electric service, and the overall configuration includes basement laundry and storage, making day-to-day building operations straightforward.
The building is described as low maintenance, with no off-street parking and a small yard. It is located steps from the boutiques and restaurants along State Street, with access to Downtown New Haven and Yale within minutes.
Units are supported by separate gas and electric service, and the overall configuration includes basement laundry and storage, making day-to-day building operations straightforward.
Key Highlights
- East Rock six‑family building built in 1900 with approximately 6,000 SF of living space
- Six 2‑bedroom, 1‑bath units; each can be used as 3‑bedroom apartments
- Two of four apartments have been renovated with updated kitchens and baths
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 | $171.9k | $30.36 |
| − Vacancy | −$10.7k | −$1.88 |
| EGI | $161.2k | $28.48 |
| − OpEx | −$72.5k | −$12.81 |
| NOI | $88.7k | $15.66 |
5,661 SF · lease $30.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,667 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,470 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mid America Tax ...
Tax Preparation
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Six two-bedroom, one-bath units with separate utilities and a large basement with laundry and storage.
Where is this apartment building located?
The property is located at 50 Nash Street New Haven, CT.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: East Rock six‑family building built in 1900 with approximately 6,000 SF of living space; Six 2‑bedroom, 1‑bath units; each can be used as 3‑bedroom apartments; Two of four apartments have been renovated with updated kitchens and baths
