About 126 Cedar Hill Avenue
An amazing 7+% CAP opportunity near the East Rock neighborhood of New Haven. This is asset is perfect for an owner occupied buyer or investor. This location is home to Erector Square, East Rock Park, and famous restaurants like Modern Apizza! This 3 unit asset is 2989 SF & has tenant paid utilities. This asset has no arrears. Unit 1 has 2 bedrooms/1 bathroom rented for $1100 and is M2M. Unit 2 has 2 bedrooms/1 bathroom and is rented for $1050 to a 7-year long-term tenant with lease expiration of 4/30/24. Unit 3 has 3 bedrooms/1 bathroom and is ready for occupancy. The asset features off street parking. AGENTS PLEASE READ AGENT to AGENT REMARKS! Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
Features of 126 Cedar Hill Avenue
| MLS® # | 170576034 |
|---|---|
| Price | $373,000 |
| Bedrooms | 7 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,989 |
| Acres | 0.10 |
| Year Built | 1920 |
| Type | Multi-Family For Sale |
| Sub-Type | 3 Family |
| Style | 3updown - Unit(s) per Floor |
| Status | Under Contract |
Community Information
| Address | 126 Cedar Hill Avenue |
|---|---|
| Area | N/A |
| City | New Haven |
| County | New Haven |
| State | CT |
| Zip Code | 06511 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Hot Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior | Shingle |
|---|---|
| Exterior Features | Sidewalk, Porch, Deck, Gutters, Garden Area, Lighting |
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | June 9th, 2023 |
|---|---|
| Days on Market | 343 |
| Zoning | RM1 |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway NE Prop. |
|---|