Discover Your Next Deal: Invest in this High-Yield 3-Unit Rental Property

186 EXCHANGE STREET New Haven, CT 06605

LIST PRICE: $449,000     UNITS: 3


Unit 1: Vacant
Unit 2: $1250
Unit 3: $150


Taxes: $797
Insurance: $157
Management: $290
Maintenance: $290


THE PROPERTY: 186 Exchange Street consists of a three-story, mixed-use building containing two 2-Bedroom/1- Bathroom units and one 2-Bedroom/2-Bathroom unit with over 4,500 square feet of living area. If you are interested in property management in New Haven, CT, this is a prime investment opportunity.

THE LOCATION: 186 Exchange Street is located in the Fair Haven area of New Haven. It is known for its diverse community and vibrant cultural scene. There are several parks, such as Quinnipiac River Park, where you can enjoy outdoor activities.

SEPARATE UTILITIES: Each unit is separately metered for electricity, heat (gas-fired), and hot water (gas-fired), which the Tenants pay directly.

BUILDING AMENITIES: The Property includes on-street parking spaces and a spacious backyard that the tenants can use for various activities.

STRONG COMMUNITY: The Fair Haven area is known for its close-knit community and welcoming atmosphere. It offers a blend of different cultures, which contributes to a vibrant atmosphere and a wide variety of cuisines.

TURN-KEY ASSET: In-place leases and rented-out units are perfect for investors looking for regular, passive income. Rent for similar-sized 2-bedroom units can go as high as $1500, which creates the opportunity to significantly increase the rent in the short term. 

Please click the link to check out the available rentals or to get more information contact us now.


More Posts

Send Us A Message