21 Young St New Haven, CT 06511-2969

Exceptional investment opportunity in New Haven, Connecticut's desirable Beaver Hills neighborhood, presenting a 2-story, 1-unit multifamily property at 21 Young Street, 06511. This 2,592 square foot building, constructed in 1900, offers a compelling blend of classic charm and modern rental potential. Currently configured as a single-family rental, the property boasts off-street parking. The asking price is $550,000, translating to $212.19 per square foot. The property's location provides easy access to Hamilton Park, the Connecticut Open tournament, and the scenic West River. One unit is currently vacant and ready for immediate occupancy, while others command monthly rents ranging from $940 to $1191, with one lease expiring May 31, 2024. Tenant-paid utilities further enhance the property's financial appeal. This property is ideal for owner-occupants or investors seeking a stable, cash-flowing asset in a vibrant urban setting. The property's strong rental history and convenient location make it a highly attractive investment prospect. This is a rare opportunity to acquire a well-maintained property in a sought-after neighborhood.