Building Details

Year Built 1915

Listing Agency: Elyse Harney Real Estate t***@comcast.net Show Phone

Listed By: David Taylor · License #RES.0674470 Show Phone

Source: Lockandkeyre

Added: Jun 29 Changed: Aug 8 Last Checked: Jul 23 at 5:39AM

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Investment Insights

Based on property information with market context.

Key Highlights

• Side‑by‑side duplex built in 1915 with 3 bedrooms in each unit
• Separate utilities for each unit, including individual oil baseboard heat
• One unit has an extensive renovation completed; the other unit needs updating

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Storage Facility Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

256

Businesses Nearby

Explore this area Business Placement

Demographics for 06018, CT

2,610

Population

1,240

Households

2.1

Avg Household Size

46

Median Age

25%

College-Educated

90%

High-School Grad

13.3 sq mi

ZIP Area

196

Density / Sq Mi

$56,328

Median Household Income

$43,724

Median Earnings

$1,270

Median Rent

$256,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

Where is this duplex located?

The property is located at 71 Railroad Street North Canaan, CT.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Side‑by‑side duplex built in 1915 with 3 bedrooms in each unit; Separate utilities for each unit, including individual oil baseboard heat; One unit has an extensive renovation completed; the other unit needs updating