New Haven Multifamily Portfolio 5 Multifamily Properties Offered at $2,400,000 in Multiple Locations

15-Unit New Haven & West Haven Multifamily Portfolio | 6 Properties | 100% Occupied | Separate Utilities
Rare opportunity to acquire a 15-unit multifamily portfolio consisting of six properties strategically located throughout New Haven and West Haven. The portfolio is 100% occupied, providing immediate in-place income from day one, while offering a diverse mix of 1-, 2-, 3- and 4-bedroom apartments. With separate and tenant-paid utilities throughout, renovated and well-maintained units, off-street parking at each location, and convenient access to major employment centers and commuter routes, this offering provides an attractive opportunity to acquire meaningful multifamily scale within the Greater New Haven market. The portfolio consists of one single-family residence, one 2-family and four 3-family properties. Its concentration within New Haven and neighboring West Haven provides operational efficiencies while offering diversification across multiple properties and locations.
75 Admiral Street, West Haven – 3-Family | Allingtown - Rarely available 3-family located in West Haven’s desirable Allingtown neighborhood offering more than 3,000 SF of living space. The property features a strong unit mix consisting of two 3-bedroom apartments and one 2-bedroom apartment and is currently 100% occupied with month-to-month tenants, providing immediate income along with future flexibility. Each unit benefits from separate, tenant-paid utilities, helping streamline operating expenses. Additional features include on-site laundry, a detached 2-car garage, and off-street parking. Conveniently located near shopping, restaurants, public transportation, major commuter routes, Downtown New Haven, and the University of New Haven.
14 Bassett Street, New Haven – 3-Family - Large, fully occupied 3-family investment property offering immediate cash flow and an attractive, consistent unit mix. Each apartment features approximately 1,250 SF with a spacious 3-bedroom/1-bath layout. The apartments have been renovated with various improvements throughout, providing clean and well-maintained living spaces. Separate and tenant-paid utilities help minimize landlord operating expenses. The property also benefits from a private driveway and off-street parking in the rear. Convenient access to Downtown New Haven, major highways, public transportation, shopping, dining, and area amenities further supports the property’s rental appeal.
78 Adeline Street, New Haven – 2-Family - Fully occupied 2-family offering a mix of one 1-bedroom apartment and one 2-bedroom apartment. Separate and tenant-paid utilities provide an efficient operating structure, while ample off-street parking adds convenience for tenants. The property is being offered as part of the larger Adeline Street grouping, providing an investor with the opportunity to own multiple neighboring assets and benefit from the operational efficiencies associated with a concentrated portfolio. 86 Adeline Street, New Haven – 3-Family - Fully occupied 3-family consisting of three 2-bedroom/1-bath apartments. The property provides immediate in-place rental income with separate and tenant-paid utilities and ample off-street parking. Its proximity to the additional Adeline Street assets creates a particularly attractive opportunity for investors looking to establish or expand a concentrated multifamily presence within New Haven. 90 Adeline Street, New Haven – Single Family - Completing the Adeline Street grouping is a fully occupied single-family residence featuring a spacious 4-bedroom/1-bath layout. The property provides additional rental income while offering the operational convenience of being located alongside the neighboring multifamily assets. The Adeline Street properties also benefit from a 2-car garage, creating potential for additional income, tenant amenity use, or storage. Together, 78, 86 and 90 Adeline provide seven residential units in a concentrated location with separate tenant-paid utilities and substantial off-street parking. The properties offer convenient access to Downtown New Haven, Yale New Haven Hospital, public transportation, shopping, employment centers, and major commuter routes.
28 Cedar Street, New Haven – 3-Family | Long Wharf Area - Excellent investment property situated near Long Wharf and Downtown New Haven. This fully occupied 3-family features two spacious 2-bedroom/1-bath apartments of approximately 1,100 SF each and a 1-bedroom/1-bath third-floor apartment of approximately 890 SF. Separate and tenant-paid utilities help maintain an efficient expense structure. Additional amenities include on-site laundry and off-street parking for approximately three vehicles. Situated on a corner lot, the property offers convenient access to Long Wharf, Downtown New Haven, major highways, shopping, dining, public transportation, and numerous area employment centers.
PORTFOLIO HIGHLIGHTS: Collectively, the portfolio provides 15 residential units across six properties, all of which are currently occupied. This allows an investor to acquire immediate in-place income without relying on an extensive initial lease-up or repositioning strategy. The portfolio offers a diversified bedroom mix ranging from 1-bedroom apartments through spacious 4-bedroom units, including a significant concentration of desirable 2- and 3-bedroom layouts. Several of the properties have renovated or updated apartments, contributing to an overall well-maintained portfolio and helping reduce immediate capital expenditure requirements. Separate and tenant-paid utilities throughout the portfolio are another significant investment advantage, helping reduce owner-paid operating expenses and exposure to fluctuations in utility costs. Off-street parking is available throughout the portfolio, with additional amenities including laundry facilities and garage space at select properties. The geographic concentration of the assets provides additional operational advantages. Five properties are located within New Haven, including three neighboring assets on Adeline Street, while 75 Admiral Street provides exposure to West Haven’s Allingtown neighborhood. The portfolio benefits from proximity to Downtown New Haven, Yale New Haven Hospital, the University of New Haven, Long Wharf, major employment centers, shopping, public transportation, and regional highway access.
With 100% occupancy, immediate in-place income, separate tenant-paid utilities, a strong and diversified unit mix, parking, and multiple properties located in close proximity to one another, this portfolio represents a compelling opportunity to acquire scale within the Greater New Haven multifamily market. An attractive offering for investors seeking a stabilized residential portfolio with efficient operations, strong rental fundamentals, geographic concentration, and long-term income potential.