Two-Family Residential
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
(475) 319-0583
Listed By:
Diandra Shafer
(475) 319-0583
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.
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
NOI $34,775 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$462.3K
$404.5K – $539.3K
NOI $32,359 @ 7.0% cap · market cap 8.09%
Theoretical Best
Office A
$664.6K
$581.5K – $775.4K
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
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