76 Ridge St - Multi-Family FOR SALE


New Haven, CT 06511- East Rock
$1,000,000 USD
203-816-7926
76 Ridge St, New Haven, CT for Sale
$1,000,000 USD
Multi-Family - FOR SALE
1/16
null | 6.36% Cap Rate

76 Ridge St
New Haven, CT 06511
East Rock


HIGHLIGHTS

  • Prime Location
  • Lots of Natural Light
  • Off-street Parking

OVERVIEW

Prime opportunity to acquire a 6-unit multifamily property in a highly desirable New Haven location. This income-producing building features six residential units with strong rental appeal and consistent demand. The property includes separate utilities and convenient access to public transportation, Yale University, downtown New Haven, shops, restaurants, and major highways. Ideal for investors seeking stable cash flow with long-term growth potential. The current rent roll is approximately $9,300/month, with pro forma rents projected around $10,800/month, creating a meaningful opportunity for the next owner to increase income through lease-up and continued stabilization.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$109 USD /SF

# OF UNITS

6

PRICE/UNIT

$166,667

CAP RATE

6.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,670 SF

ZONING

RM1

APN/PARCEL ID

NHVN-000170-000472-002100

ASK ABOUT THIS PROPERTY

Zachary PintoAlpha Capital RealtyMore Info
203-816-7926

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Zachary PintoAlpha Capital RealtyMore Info
203-816-7926

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