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