117 Clay Street
New Haven, Ct 06513
List Price: $359,900 Units: 3

Monthly Income

Unit 1: $1100
Unit 2: Vacant
Unit 3: $875

Monthly Expenses

Taxes: $570
Insurance: $225
Management: $310
Maintenance: $310

INVESTMENT HIGHLIGHTS

The Property:

117 Clay Street consists of a three-story, mixed-use building containing two (2) 3-Bedroom/1- Bathroom units and one (1) 2-Bedroom/1- Bathroom with 3,159 square feet of living area.

The Location:

117 Clay Street, New Haven, is located in the southern part of the state of Connecticut in the United States. New Haven is also located on the Long Island Sound, providing ample opportunities for outdoor activities such as boating, fishing, and beach-going. The city is easily accessible by car, train, and bus, making it a popular destination for both locals and tourists alike.

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.

Property Management New Haven Ct:

The management of 117 Clay Street is handled by experienced property management in New Haven, CT ensuring efficient operations, prompt maintenance, and excellent tenant relations.

Strong Demographics:

New Haven has a diverse population of approximately 130,000 people. New Haven’s demographics reflect its status as a diverse and dynamic city, with a range of different experiences and perspectives.

Turn-Key Asset:

In-place leases and management with the active tenants currently on month-to-month leases create the opportunity to significantly increase the rent without further significant capital improvements. Rent for similar-sized apartments can go as high as $1200 for 2-bedroom units, and $1300 for 3-bedroom units.

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