Listing courtesy of Kate Usovich (203) 710-0701, P2P Realty Group LLC (203) 710-0701
123 Carmel Street, New Haven, CT, 06511
19 rooms
11 beds
5 Full baths
1920
Units on different Floors
5,313 sqft
Distressed value-add multifamily opportunity in a prime New Haven location just minutes from Downtown and Yale University. Currently configured as a 4-family with approved plans and permits in place for conversion to a 5-unit residential building, offering significant upside potential. All major approvals have been secured, including zoning variance and building/fire department approvals. The proposed layout includes a mix of 1-bedroom, 3-bedroom, and large 4-bedroom units. Full interior and exterior renovation required. No on-site parking. Strong rental market supported by proximity to Yale, public transportation, and major highways. Rent comps available for both 4-unit and 5-unit scenarios. All the hard work is done. Just build and cash flow!
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
RM2
Heating:
Hot Water
Cooling:
None
Basement:
None
Acreage:
0.09
Est. Taxes:
$11,242
Assessment
$285,320
Lot Description:
Corner Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
53
MLS #:
24164692
Community Info
School Info
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