Exceptional investment opportunity in a beautifully restored historic brick building, once home to the local YMCA and railroad boarding house. This well-maintained 21-unit property features a mix of 6 studios, 10 one-bedroom units, and 5 two-bedroom units (some with two baths). Each apartment offers modern finishes including granite countertops, stainless steel appliances, in-unit washer/dryer, and individually controlled heating, hot water, and central air. Tenants enjoy secure access, a fitness room, and off-street parking. Ideally situated near East Rock Park, restaurants, shops, and just minutes from downtown New Haven and Yale University. Tenant-paid utilities make for easy management. Attractive assumable Freddie Mac loan at 3.5% interest (1% assumption fee).