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177 CHESTNUT ST
NEW HAVEN, CT 06511
Asking Price
$2.40M
Cap Rate
5.96%
Asset Type
Multifamily
Class
Class B
What's Special
Turn-key 6-unit multifamily investment opportunity in Wooster Square <p><strong style="color: rgba(0, 0, 0, 1)">100% Leased ! Ideally located just minutes from Downtown New Haven, Yale University, Yale New Haven Hospital, Union Station, I-95, and I-91, the property benefits from strong rental demand driven by education, healthcare, biotech, and technology sectors.</strong></p>
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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686
