254 Main St - Apartments FOR SALE


West Haven, CT 06516
$2,565,000 USD
860-420-9775
254 Main St, West Haven, CT for Sale
$2,565,000 USD
Apartments - FOR SALE
1/1
null | 8.35% Cap Rate

254 Main St
West Haven, CT 06516


OVERVIEW

Northeast Private Client Group is pleased to present Martin Apartments, a 19-unit multifamily property located at 254 Main Street, West Haven, Connecticut. The offering is a brick-masonry building on a corner parcel, held by the same family ownership for more than 30 years. The unit mix is sixteen one-bedrooms (three with separate dining rooms) and three studios. All units feature oversized layouts, high ceilings, and hardwood floors. The property features an on-site common laundry room. Parking is on-street, and ample on quiet side streets as well as along Main Street. The property sits minutes from the University of New Haven, the VA Connecticut medical campus, Yale University, Yale New Haven Hospital, Downtown New Haven, West Haven Beach, and the West Haven Metro-North station, anchoring a deep, recession-resilient base of students, medical workers, and professionals.

FOR SALE DETAILS

PRICE

$2,565,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

19

PRICE/UNIT

$135,000

CAP RATE

8.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R4

APN/PARCEL ID

WHAV-000043-000485

ASK ABOUT THIS PROPERTY

Bradley BallettoNortheast Private Client GroupMore Info
860-420-9775

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Bradley BallettoNortheast Private Client GroupMore Info
860-420-9775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.