373 Blatchley Avenue, New Haven, CT

Multi-family for Sale - $1,100,000 - 7,716 Sq. Ft.


Agent Info

Lisa Cozzi
CENTURY 21 Butterman & Kryston, Inc.

Property Info

CIMLS#1187695
Location
  373 Blatchley Avenue
  New Haven CT 06513
UpdatedFebruary 13th, 2026
TypeMulti-family
Price$1,100,000
Building7,716 Sq. Ft.

Property Description

Rare 9-unit multifamily opportunity offering significant value-add potential in a strong New Haven rental market. The property features oversized units with abundant natural light and separate, tenant-paid utilities. Several units include updated kitchens and baths, and some are equipped with high-efficiency Navien systems, providing a solid foundation for improvements. The property currently presents a lease-up and renovation opportunity for investors seeking to reposition and stabilize an asset with substantial upside. Market rents in the area support strong income potential, with 1-bedroom units achieving approximately $1,350/month and 2-bedrooms approximately $1,600/month.Ideally located just minutes from State Street, I-91, I-95, and Yale University, the property benefits from consistent rental demand and proximity to major employment and education hubs. With large unit sizes, desirable location, and clear path to increased occupancy and rental growth, this is an excellent opportunity for investors looking to create value and drive long-term appreciation.


Financials


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