171 Chestnut St - 171 Chestnut Street 4 Unit Apartment Building Offered at $999,999 New Haven, CT 06511

Baldwin Pearson & Co., Inc. is pleased to present 171 Chestnut Street, New Haven, CT to the market. This well-located multifamily asset is situated on a quiet, tree-lined side street in New Haven’s highly sought-after Wooster Square neighborhood, offering investors a stable, income-producing property with strong long-term appreciation potential.
The property is comprised of four spacious two-bedroom apartments along with a rare and highly valuable private four-car rear garage, a true differentiator in this submarket. 171 Chestnut Street delivers stable cash flow with immediate, meaningful upside potential in a neighborhood that has experienced substantial residential rent growth over the past several years. Select lease expirations and flexible tenancy also create the opportunity for owner-user occupancy of one or more units, while maintaining strong in-place income.
Opportunities to acquire multifamily assets in Wooster Square are increasingly scarce, making 171 Chestnut Street an exceptional offering in one of Connecticut’s strongest and most desirable rental markets.