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EAST HAVEN 2-FAMILY 143 Bradford Ave 2 Unit Apartment Building $700,000 ($350,000/Unit) 7.76% Cap Rate East Haven, CT 06512



Executive Summary
Rare opportunity to own a newer construction (2002) side-by-side townhouse-style two-family property located just across from Cosey Beach. This well-maintained investment features professional landscaping, a brand-new roof (less than one year old), city water, city sewer, natural gas heat, central air, and an attached one-car garage for each unit. Each unit offers 3 bedrooms, 1.5 baths, spacious living areas, and separate utilities, making this an ideal turnkey investment or owner-occupant opportunity. Current Lease Information: Unit A: Currently leased at $2,400/month through September 15, 2026. A new lease has already been signed from September 15, 2026 through September 14, 2028 at $2,900/month. Unit B: Leased at $2,900/month from July 1, 2026 through June 30, 2028. Income & Expenses (Stabilized): Gross Annual Rental Income: $69,600 Real Estate Taxes: $8,500 Insurance: $3,000 Maintenance: $500 Water & Sewer: $2,000 Landscaping: $1,250 Total Operating Expenses: $15,250 Net Operating Income (NOI): $54,350 List Price: $700,000 Cap Rate: 7.76% Excellent opportunity to acquire a fully leased, income-producing asset in one of East Haven's desirable shoreline neighborhoods with long-term lease stability already in place.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $700,000 | Property Subtype | Apartment |
| Price Per Unit | $350,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 7.76% | Building Size | 2,432 SF |
| Sale Condition | 1031 Exchange | No. Stories | 3 |
| No. Units | 2 | Year Built | 2002 |
| Property Type | Multifamily | ||
| Zoning | R-1 - Residential | ||
| Price | $700,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 7.76% |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 2,432 SF |
| No. Stories | 3 |
| Year Built | 2002 |
| Zoning | R-1 - Residential |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | EHAV-000030-000317-000012 | Total Assessment | $255,990 |
| Land Assessment | $63,210 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $192,780 | Tax Year | 2025 |
Property Taxes
Parcel Number
EHAV-000030-000317-000012
Land Assessment
$63,210
Improvements Assessment
$192,780
Total Assessment
$255,990
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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EAST HAVEN 2-FAMILY | 143 Bradford Ave
