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Property profile & analytics
OFF-MARKET
Commercial real estate

272 Bassett St New Haven, CT 06511

2,854 SF 0.09 ac lot Built 1917
Property ID
US15-0335549
Property summary
AI-generated overview

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

Property profile
Verified
Property type Commercial real estate
Year built 1917
Total area 2,854 SF
Lot 0.09 ac (3,920 SF)
APN 1255914
UPID US15-0335549
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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