246 Newhall Street, New Haven, CT 06511

New Haven
Local realty services provided by:Better Homes and Gardens Real Estate Executive Real Estate
246 Newhall Street,New Haven, CT 06511
$430,000
  • 7 Beds
  • 3 Baths
  • 1,817 sq. ft.
  • Multi-family
  • Active
Listed by: nathaniel correa(203) 247-8512
Office: smart realty services corp(203) 437-7919
MLS#:24186109
Source:CT

Price summary

  • Price:$430,000
  • Price per sq. ft.:$236.65

About this home

Investor-friendly three-family property in the heart of New Haven! This income-producing multifamily presents an excellent opportunity to expand your investment portfolio or owner-occupy one unit while generating rental income from the other two. The sale includes the adjacent lot at 242 Newhall Drive, offering additional potential. Buyers are encouraged to conduct their own research regarding zoning, permits, and the possibility of future development. Each unit features separate utilities for added convenience and simplified property management. Ideally located just minutes from downtown New Haven, Yale University, major hospitals, public transportation, shopping, dining, and easy access to major highways. All units are rented in the property, generating $3,850/month ($46,200 annually) - bringing a high gross yield to the listing price. New owners enjoy immediate revenue from day one.

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Home facts

  • Year built:1903
  • Listing ID #:24186109
  • Added:48 day(s) ago
  • Updated:August 13, 2026 at 06:56 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:16
  • Basement Description:Full Basement, Unfinished
  • Living area:1,817 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Gas on Gas

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1903
  • Building area:1,817 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Level Lot
  • Construction Materials:Vinyl Siding

Schools

  • High school:Per Board of Ed
  • Middle school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$430,000
  • Price per sq. ft.:$236.65
  • Tax amount:$5,211 (July 2026-June 2027)
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