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Two-Family Investment Property

72 Anthony Street New Haven, CT 06513

72 Anthony Street, New Haven, CT, 06513
$489,000
Pending
For Sale
$489,000
Pending

Well-maintained two-family residence with both units occupied on month-to-month terms.

Property Size2,512 SF
Days on Market27

Property Features for 72 Anthony Street

General Information

Standard status
Pending
Size
2,512 SF
Property subtype
2 Family

Building Details

Year Built
1920
Listing agency Santana Realty Group LLC
Listed by Victor Santana
Source Lockandkeyre
Added: Jun 26 Updated: Jul 21 at 10:39AM Checked: Jul 22 at 4:54AM

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 Santana Realty Group LLC


Investment Insights

Based on property information with market context.

This well-maintained two-family property offers a straightforward income setup with both units currently occupied by month-to-month tenants. The configuration supports an owner-investor approach, with the existing occupancy providing immediate rental income while allowing flexibility for future planning.

The property is located in the Amity neighborhood of New Haven, just minutes from Southern Connecticut State University and Yale University. It is also positioned near shopping, restaurants, parks, public transportation, and major highways.

For buyers seeking a residential income asset, this property presents a practical, turn-key option with two units and active tenant occupancy at the time of sale.

Key Highlights

  • Two‑family residence built in 1920
  • Both units are currently occupied by month‑to‑month tenants
  • Well‑maintained property with both units producing immediate rental income

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 $64.8k $25.80
− Vacancy −$4.4k −$1.75
EGI $60.4k $24.05
− OpEx −$18.1k −$7.21
NOI $42.3k $16.83
2,512 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$604.0K
$528.5K – $704.7K (±1% cap)
NOI $42,282 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$562.1K
$491.8K – $655.8K (±1% cap)
NOI $39,345 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$808.0K
$707.0K – $942.7K (±1% cap)
NOI $56,563 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Electrical Service Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Bakery (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Well-maintained two-family residence with both units occupied on month-to-month terms.
Where is this duplex located?
The property is located at 72 Anthony Street New Haven, CT.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Two‑family residence built in 1920; Both units are currently occupied by month‑to‑month tenants; Well‑maintained property with both units producing immediate rental income
Contact an agent
More about this property
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