13
See all 13 photos
$765,000
Est. payment /mo
12 Beds
6 Baths
5,661 SqFt
Price Dropped by $30K
40 Shelton Avenue New Haven, CT 06511
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,661 sqft
Price per Sqft $135
MLS Listing ID 24127390
Style Units on different Floors
Bedrooms 12
Full Baths 6
Year Built 1910
Annual Tax Amount $10,574
Lot Size 3,049 Sqft
Property Sub-Type 5 Family+
Property Description
Welcome to 40 Shelton Avenue, a well-maintained 6-unit multi-family property located in the Newhallville neighborhood of New Haven. Each unit offers 2 spacious bedrooms, making this an attractive option for long-term tenants and steady rental demand. Currently, two units are empty, giving a new owner the opportunity to fill them quickly and start off strong in the market with fresh tenants while benefiting from the stability of the existing occupied units. With solid construction, vinyl siding, and a full basement, this property offers both durability and functionality. Situated close to downtown New Haven, Yale University, Southern Connecticut State University, and major highways, this location ensures consistent rental interest from professionals and families alike. This is an excellent investment opportunity for those looking to add strong cash flow and growth potential to their portfolio. *More pictures coming soon*
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools James Hillhouse
Listed by Javyn Roundtree • Javyn Roundtree