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House & single-family home for sale in New Haven
USD 2,100,230
House & Single-family home (For sale)
Reference:
EDEN-T103722021
/ 103722021
Portfolio sale offering a rare investment opportunity at Yale University! Two abutting properties at 48 and 54 Dixwell Avenue, located within a 2-minute walk to Yale's Payne Whitney Gym, a 3-minute walk to Yale's Broadway Shopping District and the Apple Store, and a 4-minute walk to the upcoming Dixwell Plaza - New Haven's newest shopping and entertainment district (see picture). When fully developed consolidated site capable of generating $1 million+ in annual gross income. Opportunity is Ideal for investors seeking high returns, long-term capital appreciation, and an opportunity to engage in ground-up development in one of New Haven's most strategically positioned areas. Serious buyers are required to provide proof of funds (POF) before scheduling property viewings. A fully reconstructed four-story, two-family complex, with a ground-up renovation completed in 2021. Each unit features four bedrooms and two full bathrooms. High-end finishes include walk-in tiled showers, wall-hung toilets, and stainless steel appliances. Top-of-the-line LG Red mini split heating and cooling systems. Two levels white-box finished, offering easy-to-convert space to commercial or additional residential units. 48 Dixwell Phase 1 completed. Currently fully occupied by Yale athletes, generating a gross monthly income of $11,000 and annual net income of $100,000+
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Portfolio sale offering a rare investment opportunity at Yale University! Two abutting properties at 48 and 54 Dixwell Avenue, located within a 2-minute walk to Yale's Payne Whitney Gym, a 3-minute walk to Yale's Broadway Shopping District and the Apple Store, and a 4-minute walk to the upcoming Dixwell Plaza - New Haven's newest shopping and entertainment district (see picture). When fully developed consolidated site capable of generating $1 million+ in annual gross income. Opportunity is Ideal for investors seeking high returns, long-term capital appreciation, and an opportunity to engage in ground-up development in one of New Haven's most strategically positioned areas. Serious buyers are required to provide proof of funds (POF) before scheduling property viewings. A fully reconstructed four-story, two-family complex, with a ground-up renovation completed in 2021. Each unit features four bedrooms and two full bathrooms. High-end finishes include walk-in tiled showers, wall-hung toilets, and stainless steel appliances. Top-of-the-line LG Red mini split heating and cooling systems. Two levels white-box finished, offering easy-to-convert space to commercial or additional residential units. 48 Dixwell Phase 1 completed. Currently fully occupied by Yale athletes, generating a gross monthly income of $11,000 and annual net income of $100,000+
Reference:
EDEN-T103722021
Country:
US
City:
New Haven
Postal code:
06511
Category:
Residential
Listing type:
For sale
Property type:
House & Single-family home
Property size:
5,952 sqft
Lot size:
5,227 sqft
Bedrooms:
8
Bathrooms:
4