116 Old Foxon Road, East Haven, CT 06513
116 Old Foxon Road, East Haven, CT 06513
116 Old Foxon Road, East Haven, CT 06513
116 Old Foxon Road, East Haven, CT 06513
116 Old Foxon Road, East Haven, CT 06513
116 Old Foxon Road, East Haven, CT 06513
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Kerry-Ann Lawson

Kerry-Ann Lawson

+1(646) 851-6760
$ 899,000
Est. payment | /mo

7 Beds

6 Baths

3,364 SqFt

Save
$ 899,000
Est. payment | /mo
Save

7 Beds

6 Baths

3,364 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 3,364 sqft

Price per Sqft $267

MLS Listing ID 24155329

Style Units on different Floors,Units are Side-by-Side

Bedrooms 7

Full Baths 6

Year Built 1920

Annual Tax Amount $9,677

Lot Size 0.340 Acres

Property Sub-Type 5 Family+

Property Description

A 6-unit multifamily offering strong in-place income plus immediate upside through lease-up. Current rents: Unit 1-$1,300, Unit 2-$1,550, Unit 3-$1,300, Unit 6-$1,375; Units 4 (1BR) and 5 (2BR) are empty. In-place gross: $5,525/mo with pro-forma potential up to ~$8,925/mo (market rent: Unit 4-$1,550 and Unit 5-$1,850). Located in a Class A neighborhood in the desirable Foxon area, close to I-95 & Route 1, shopping, dining, and minutes to downtown New Haven/Yale and East Haven beaches/parks. With lease-up alone, this can be positioned to achieve an 8-cap, making it an ideal value-add play with strong long-term fundamentals.

Location

State CT

County New Haven

Zoning R-2

Rooms

Basement Partial, Partially Finished

Interior

Heating Hot Air

Cooling None

Exterior

Parking Features Parking Lot, Driveway

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot, Sloping Lot

Foundation Brick, Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools East Haven

Listed by Aharon Cowen • Roundtree Realty LLC

Nearby Locations

GET MORE INFORMATION

Kerry-Ann Lawson
Kerry-Ann Lawson

REALTOR® | Lic# NY:10401292972 CT: RES0813486

+1(646) 851-6760

21 Central Park Avenue, Yonkers, NY, 10705

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Kerry-Ann Lawson, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

116 Old Foxon Road