Rare opportunity to OWN and ADD VALUE to a solid, income-generating property between Prospect Street and Winchester Avenue. This legal 4-Family is already generating monthly income from three apartments. A fourth legal apartment is in need of some upgrades. With three 3-bed units and one 2-bed, the spacious apartments have the potential to command even higher rents in the future. The house features an inviting front porch, an enclosed porch used by the third floor tenant, and a paved parking area in the back of the house. The basement or garden level unit has two exterior doors opening onto the Highland Street side, as well as full-height windows, thanks to the slope of the property. Tenants enjoy close proximity to public transit as well as the nearby Yale shuttle (three blocks up on Prospect). The neighborhood is representative of New Haven's classic tree-lined streets and turn-of the century architecture. PLEASE NOTE: The current owner is selling the house AS IS.
Listing courtesy of Farnam Realty Group.