70 Terrace St | New Haven, CT 06512
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70 Terrace St
New Haven, CT 06512
Terrace Heights · Multifamily Property For Sale
·
41 Units
PROPERTY FACTS
| No. Units | 41 | Lot Size | 1.93 AC |
| Property Type | Multifamily | Building Size | 29,380 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1984/2018 |
| Building Class | C | Parking Ratio | 2.52/1,000 SF |
| Zoning | RM1 | ||
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.93 AC |
| Building Size | 29,380 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1984/2018 |
| Parking Ratio | 2.52/1,000 SF |
| Zoning | RM1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Tub/Shower
- Walk-In Closets
- Carpet
SITE AMENITIES
- Laundry Facilities
ABOUT 70 TERRACE ST , NEW HAVEN, CT 06512
Unique opportunity to purchase a well stabilized 41 Unit Garden Style apartment complex that still offers ample increased upside for investors. Built in 1984, this property is well located, less than 1/2 mile from I-95 and less than 3 three miles to Downtown New Haven and Yale University. Many recent unit and building updates highlight this fully rented complex. Call for more details and financials.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 32 | $940.00 | 600 - 750 |
| 2+1 | 9 | $1,065 | 815 |
PROPERTY TAXES
| Parcel Number | NHVN-000057-000941-003302 | Improvements Assessment | $2,052,050 |
| Land Assessment | $717,500 | Total Assessment | $2,769,550 |
PROPERTY TAXES
Parcel Number
NHVN-000057-000941-003302
Land Assessment
$717,500
Improvements Assessment
$2,052,050
Total Assessment
$2,769,550
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