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1280 Townsend Avenue 1280 Townsend Ave 6 Unit Apartment Building $1,050,000 ($175,000/Unit) 7.44% Cap Rate New Haven, CT 06513



Investment Highlights
- Access and Connectivity
- Famous New Haven Location
- Strong Rental Demographics and Demand
- Area Amenities and Demand Drivers
- Off-Street Parking
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 1280 Townsend Ave in New Haven, CT (the “Property”). The two-story building contains six (6) 2-Bedroom/1.5-Bathroom units with 5,693 square feet of gross living area in 9,293 square feet of gross area. Each unit is a townhouse style apartment with direct entry through the front and the rear. The Property is situated upon a 0.37-acre parcel and features off-street parking spaces via a lot to the rear.
1280 Townsend Avenue is well-positioned in New Haven’s Annex neighborhood, offering strong access to the city’s employment centers, shoreline amenities, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Townsend Avenue, Interstate 95 via the nearby Lighthouse Point / Frontage Road interchange, and close proximity to Interstate 91, providing efficient regional access throughout Greater New Haven, the Connecticut shoreline, and the broader Northeast corridor.
1280 Townsend Avenue is well-positioned in New Haven’s Annex neighborhood, offering strong access to the city’s employment centers, shoreline amenities, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Townsend Avenue, Interstate 95 via the nearby Lighthouse Point / Frontage Road interchange, and close proximity to Interstate 91, providing efficient regional access throughout Greater New Haven, the Connecticut shoreline, and the broader Northeast corridor.
Property Facts
| Price | $1,050,000 | Property Subtype | Apartment |
| Price Per Unit | $175,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.36 AC |
| Cap Rate | 7.44% | Building Size | 9,293 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Zoning | RM1 | ||
| Price | $1,050,000 |
| Price Per Unit | $175,000 |
| Sale Type | Investment |
| Cap Rate | 7.44% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 9,293 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Zoning | RM1 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | NHVN-000070-000979-000900 | Improvements Assessment | $427,350 |
| Land Assessment | $48,090 | Total Assessment | $475,440 |
Property Taxes
Parcel Number
NHVN-000070-000979-000900
Land Assessment
$48,090
Improvements Assessment
$427,350
Total Assessment
$475,440
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1280 Townsend Avenue | 1280 Townsend Ave
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