Baldwin Pearson & Co, Inc. is pleased to present 173 Elm Street to the market. The brick, multifamily property spans approximately 10,500 square feet across three stories above a fully built basement. The property contains 12 large one bedroom, one bathroom units with significant room to increase the rents on every apartment.
Select Property Highlights:
Considerable value add and rental appreciation opportunity with typical one bedroom rents in this section of West Haven renting in the $1,500-$1,700 range
All units in the building are extremely large and have the potential to be converted into two bedroom units
The property features a private, rear parking lot
Minimal deferred maintenance, brand new furnace, and excellent roof condition
The property contains an additional, bonus apartment in the basement which could be legalized and rented
Two units will be delivered vacant at closing
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.