Updated Three-Unit
72 Main Street West Haven, CT 06516
72 Main Street, West Haven, CT, 06516
$649,900
For Sale
$649,900
Updated three-unit triplex with three bedrooms on the first and second floors and off-street parking.
Property Size2,580 SF
Price / SF$251.90
Days on Market129
Property Features for 72 Main Street
General Information
- Standard status
- Active
- Size
- 2,580 SF
- Property subtype
- Multi-Family / 3 Family
Building Details
- Year Built
- 1890
Listing agency
William Raveis Real Estate
(203) 876-7507
Listed by
Mitchell Stevenson · License #REB.0751342
(203) 876-7507
Source
Compass
Added: Mar 16 Updated: Jul 22 at 1:20AM Checked: Jul 22 at 1:20AM
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 William Raveis Real Estate
Investment Insights
Based on property information with market context.
This updated triplex offers residential income potential with three bedrooms on the first and second floors. The property is described as being in great condition, and the configuration supports multi-unit living within a single building.
Off-street parking is available, which can help reduce day-to-day parking needs for residents and guests.
The offering is being marketed for first-time buyers or investors, with CHFA, FHA, and VA welcomed.
Off-street parking is available, which can help reduce day-to-day parking needs for residents and guests.
The offering is being marketed for first-time buyers or investors, with CHFA, FHA, and VA welcomed.
Key Highlights
- Updated 3‑unit triplex with 3 bedrooms on the first and second floors
- Off‑street parking available
- Coin‑op laundry on site
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 | $66.6k | $25.80 |
| − Vacancy | −$4.5k | −$1.75 |
| EGI | $62.0k | $24.05 |
| − OpEx | −$18.6k | −$7.21 |
| NOI | $43.4k | $16.83 |
2,580 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$620.4K
$542.8K – $723.8K
NOI $43,426 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$577.3K
$505.1K – $673.5K
NOI $40,410 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$829.9K
$726.2K – $968.3K
NOI $58,095 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Updated three-unit triplex with three bedrooms on the first and second floors and off-street parking.
Where is this triplex located?
The property is located at 72 Main Street West Haven, CT.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Updated 3‑unit triplex with 3 bedrooms on the first and second floors; Off‑street parking available; Coin‑op laundry on site
