West Haven, CT

DETAILS

NO. UNITS

12

APPROX. SF

10,500

PRICE / SF

PRICE / UNIT

PRICE

CONTACT

Daniel Shawah
203-521-6348

PROPERTY DESCRIPTION

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