90 Cedar St New Haven, CT 06519

Property Details for 90 Cedar St

Year built

1900

Property type

Residential income homes

Property subtype

Residential income properties

Description

This exceptional three-unit property located at 90 Cedar St, New Haven, CT 06519 presents a compelling investment or owner-occupant opportunity. The building boasts a total of 1,550 square feet situated on a 0.07-acre lot. The property features two distinct rental units, offering immediate income generation. One unit, a 2-bedroom, 1-bathroom apartment, is currently leased month-to-month to a reliable tenant at a monthly rent of $895. The second unit is a spacious 2-bedroom, 1-bathroom townhouse-style apartment, providing flexibility for either additional rental income or owner occupancy. This unit is currently vacant and ready for immediate improvements or personalization. The building is enhanced by low-maintenance vinyl siding and recently updated windows, contributing to both energy efficiency and reduced maintenance costs. This property offers a rare blend of immediate rental income and significant upside potential for value-add improvements. The asking price is $285,000. This is an excellent opportunity for investors seeking strong returns or owner-occupants looking to generate supplemental income. Don't miss this chance to acquire a well-located multifamily property in a desirable New Haven neighborhood.