About 241 West Ivy Street
Prime investment opportunity in New Haven! This fully-occupied multi-family generates a strong $94,608 in annual gross rental income, making it an excellent addition to any portfolio. All units are currently leased, providing immediate and reliable cash flow for investors. The property offers spacious layouts and a desirable location near downtown New Haven, Yale University, major hospitals, public transportation, and highway access, ensuring consistent rental demand year after year. Tenants enjoy convenient access to neighborhood amenities including shopping, dining, and local parks. With solid rental income already in place and no vacancies, this property is a turnkey investment ready for its next owner. Don't miss this chance to secure a high-performing asset in the heart of New Haven.
Features of 241 West Ivy Street
| MLS® # | 24127070 |
|---|---|
| Price | $730,000 |
| Bedrooms | 12 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 4,286 |
| Acres | 0.15 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors, Units are Side-by-Side |
| Status | Active |
Community Information
| Address | 241 West Ivy Street |
|---|---|
| Area | Newhallville |
| City | New Haven |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06511 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas, Oil |
|---|---|
| Cooling | Window Unit |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Asbestos |
|---|---|
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete, Stone |
School Information
| Elementary | Per Board of Ed |
|---|---|
| Middle | Per Board of Ed |
| High | James Hillhouse |
Additional Information
| Date Listed | September 16th, 2025 |
|---|---|
| Days on Market | 21 |
| Zoning | RM2 |
| RE / Bank Owned | No |
Listing Details
| Office | Javyn Roundtree |
|---|