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Two-Family Duplex with Off-Street Parking

77 Atwater Street West Haven, CT 06516

77 Atwater Street, West Haven, CT, 06516
$549,900
Pending
For Sale
$549,900
Pending

Side-by-side duplex features granite countertops, hardwood floors, and stainless-steel appliances, with ample off-street parking.

Property Size2,016 SF
Days on Market129

Property Features for 77 Atwater Street

General Information

Standard status
Pending
Size
2,016 SF
Property subtype
Multi-Family / 2 Family

Building Details

Year Built
1938
Listing agency Coldwell Banker Realty
Listed by Deborah Brown · License #RES.0791599
Source Compass
Added: Mar 17 Updated: Jul 22 at 7:08PM Checked: Jul 22 at 7:08PM

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 Coldwell Banker Realty


Investment Insights

Based on property information with market context.

This two-family, side-by-side duplex is configured as a residential income property and includes granite countertops, hardwood floors, and stainless-steel appliances. The layout supports two separate units, offering an owner a streamlined way to manage rental income within one building.

The property is situated on a large lot and offers plenty of off-street parking for residents and guests.

With its duplex configuration and in-unit finishes, the building is designed for straightforward, tenant-ready occupancy.

Key Highlights

  • Side‑by‑side two‑family duplex built in 1938
  • Granite countertops and stainless‑steel appliances
  • Hardwood floors and 11 total rooms

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 $52.0k $25.80
− Vacancy −$3.5k −$1.75
EGI $48.5k $24.05
− OpEx −$14.5k −$7.21
NOI $33.9k $16.83
2,016 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$484.8K
$424.2K – $565.6K (±1% cap)
NOI $33,933 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$451.1K
$394.7K – $526.3K (±1% cap)
NOI $31,576 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$648.5K
$567.4K – $756.6K (±1% cap)
NOI $45,395 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Parking Lot & Garage Nail Salon Food Market Grocery & Convenience Store Bakery

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

FAQs

What type of property is this?
Duplex - Side-by-side duplex features granite countertops, hardwood floors, and stainless-steel appliances, with ample off-street parking.
Where is this duplex located?
The property is located at 77 Atwater Street West Haven, CT.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Side‑by‑side two‑family duplex built in 1938; Granite countertops and stainless‑steel appliances; Hardwood floors and 11 total rooms
Contact an agent
More about this property
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