77-83 Hazel St - Apartments FOR SALE


New Haven, CT 06511- Newhallville
$1,200,000 USD
203-927-0455
77-83 Hazel St, New Haven, CT for Sale
$1,200,000 USD
Apartments - FOR SALE
1/12
null | 11% Cap Rate

77-83 Hazel St
New Haven, CT 06511
Newhallville


HIGHLIGHTS

  • Fully gut-renovated interior and exterior
  • Off-street parking & in-building laundry
  • Walking distance to Yale, Science Park, and Winchester Green

OVERVIEW

Vanguard Private Client Group is pleased to present 77 Hazel Street — a fully renovated 6-unit multifamily asset located just two blocks from New Haven’s rapidly expanding Science Park. Each unit is a spacious 3-bedroom, 1-bath layout with the potential to be used as a 4-bedroom, catering to the area's strong rental demand from students, young professionals, and biotech employees. This turnkey property offers immediate upside with two vacant units available for lease-up at market rents. With projected rents of $2,100–$2,400 per unit, the building can stabilize at an 11% cap rate. All remaining leases are either month-to-month or approaching expiration, offering full repositioning flexibility. ?? Fully gut-renovated interior and exterior ?? Off-street parking & in-building laundry ?? Separate utilities | Tenants pay heat & electric ?? Walking distance to Yale, Science Park, and Winchester Green ?? Strong rental upside in a sub-5% vacancy market Whether you’re looking for long-term cash flow or a high-yielding asset in a fast-appreciating submarket, 77 Hazel Street checks all the boxes. ?? Offered at: $1,200,000 ?? Proforma CAP: 11% | DSCR: 1.48 | ROI: 11.2% Contact: Andrew Stein Vice President | Vanguard Private Client Group ?? Vp@VanguardPCG.com | ?? 203-927-0455 ?? www.VanguardPCG.com

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

6

PRICE/UNIT

$200,000

CAP RATE

11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,659 SF

ZONING

RM-2

APN/PARCEL ID

NHVN-000287-000470-003300

ASK ABOUT THIS PROPERTY

Andrew SteinVanguard Private Client GroupMore Info
203-927-0455

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Andrew SteinVanguard Private Client GroupMore Info
203-927-0455

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