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72 Woolsey Street, New Haven, CT, 06513
Two-Family Residential Investment

72 Woolsey Street New Haven, CT 06513

For Sale
$400,000

Two-unit duplex with six bedrooms and two full baths, offering a practical setup for owner-occupants or rental investors.

Property Size2,066 SF
Price / SF$193.61
Days on Market62

Property Features for 72 Woolsey Street

General Information

Standard status Active
Size 2,066 SF
Property subtype 2 Family

Building Details

Year Built 1900
Listing Agency: mygoodagent
Listed By: Diandra Shafer
Source: Lockandkeyre
Added: May 27 Changed: Jul 10 Last Checked: Jul 23 at 5:41AM

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 mygoodagent

Investment Insights

Based on property information with market context.

This two-family duplex at 72 Woolsey Street includes over 2,000 square feet of living space arranged as two separate units. The property totals six bedrooms and two full bathrooms, with each unit described as having a functional layout that includes spacious rooms and natural light. Suitable for either an owner-occupant looking to supplement income or an investor seeking a multi-family residential asset, the building is positioned as a straightforward two-unit living configuration.

Located in New Haven’s Fair Haven neighborhood, the property is described as being convenient to downtown New Haven and Yale University. It is also noted to be near public transportation, shopping, restaurants, and major highways, which supports day-to-day access for tenants and household routines.

For tenants or buyers, the unit mix and bedroom count can accommodate a range of household sizes, supported by the mention of roomy interiors and natural light in each unit. As a two-family residential property, it offers the basic operational simplicity of housing two parties within one building while keeping the focus on comfortable, livable layouts.

Key Highlights

  • Two‑family duplex on 72 Woolsey Street in New Haven’s Fair Haven neighborhood
  • Year built: 1900
  • Offers over 2,000 sq ft of living space across two units

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 $53.3k $25.80
− Vacancy −$3.6k −$1.75
EGI $49.7k $24.05
− OpEx −$14.9k −$7.21
NOI $34.8k $16.83
2,066 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$496.8K
$434.7K – $579.6K (±1% cap)
NOI $34,775 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$462.3K
$404.5K – $539.3K (±1% cap)
NOI $32,359 @ 7.0% cap · market cap 8.09%
Theoretical Best
Office A
$664.6K
$581.5K – $775.4K (±1% cap)
NOI $46,521 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Computer & Electronic Repair Locksmith Florist (Bike/Boat/Book/etc) Store Veterinary Clinic Tech Support Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Multifamily property - Two-unit duplex with six bedrooms and two full baths, offering a practical setup for owner-occupants or rental investors.
Where is this multifamily property located?
The property is located at 72 Woolsey Street New Haven, CT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑family duplex on 72 Woolsey Street in New Haven’s Fair Haven neighborhood; Year built: 1900; Offers over 2,000 sq ft of living space across two units
More about this property
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