About 423 Blatchley Avenue
423 Blatchley Avenue offers an excellent investment opportunity in New Haven. This multifamily property features three spacious units, one of which is currently occupied, providing immediate rental income, while the other two units are available, offering potential for new rental income or owner-occupancy. The property is strategically located with easy access to major highways, public transportation, and local amenities, ensuring a steady demand for rentals. Its proximity to Yale University, hospitals, and downtown New Haven further strengthens its investment appeal. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking a property with strong cash flow potential, 423 Blatchley Avenue is a solid opportunity to generate income and build equity in a growing market. Closed comps include 173 James St, sold for $410,000 in average condition, and 45 Atwater St, which sold for $445,000 in below-average condition.
Features of 423 Blatchley Avenue
MLS® # | 24057896 |
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Price | $370,000 |
Bedrooms | 9 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 2,540 |
Acres | 0.08 |
Year Built | 1900 |
Type | Multi-Family For Sale |
Sub-Type | 3 Family |
Style | Units on different Floors |
Status | Active |
Community Information
Address | 423 Blatchley Avenue |
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Area | N/A |
City | New Haven |
County | New Haven |
State | Connecticut |
Zip Code | 06513 |
Amenities
Parking | None |
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Is Waterfront | No |
Waterfront | Not Applicable |
Has Pool | No |
Interior
Heating | Hot Air, Natural Gas |
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Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | Full, Unfinished |
Exterior
Exterior | Vinyl Siding |
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Lot Description | Level Lot |
Roof | Asphalt Shingle |
Foundation | Concrete |
School Information
Elementary | Per Board of Ed |
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High | Per Board of Ed |
Additional Information
Date Listed | November 6th, 2024 |
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Days on Market | 95 |
Zoning | RM2 |
RE / Bank Owned | No |
Listing Details
Office | Berkshire Hathaway NE Prop. |
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