Four unit multi-family for sale in New Haven, CT - 1 1/2 hrs. from NYC

1. 4-Family Property
New Haven, CT (Westville Section)
Two-Bedroom Units – $900/month rent;
900 sq. ft. each
 50% Occupancy
 Annual Revenue: $43,200
 Annual Expenses: $9,400 (includes taxes,
insurance, electric, and water & sewer)
 Annual Net Income: $33,800
 Tenants pay separate electric and gas heat
 75% of units renovated in 2007
 Located in desirable Westville section of
New Haven – close to public transportation,
highways, and shopping
 New Haven has a strong rental market –
major employers include Yale University, Yale
New Haven Hospital, Hospital of St. Raphael,
and The United Illuminating Company
ASKING PRICE $389K
HOME WARRANTY INCLUDED