272 Bassett St New Haven, CT 06511
This exceptional investment opportunity presents a two-unit apartment building located at 272 Bassett Street in New Haven, Connecticut. The property, built in 1917, boasts a substantial 2,854 square feet of living space spread across two and a half stories. The building features a total of four bedrooms and two full bathrooms, distributed across the two units. The property sits on a 0.09-acre lot (APN 1255914) and is zoned RM2. Heating is provided by oil and gas, while the roof is asphalt and the siding is aluminum. Currently occupied by a tenant (not paying rent), this property is being sold as an estate sale, requiring no probate approval. While the property could benefit from some renovations, comparable properties in the neighborhood have sold for up to $380,000, suggesting significant upside potential. Please note that this property is not eligible for FHA, CHFA, or VA loans
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.