$1,750,000

15 Colby Court, New Haven, CT 06515

  • 16 beds |
  • 16 baths |
  • 10,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2026
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $175/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This newly constructed four-unit townhome asset presents a rare opportunity to acquire a core-plus multifamily property in the New Haven market. Built by a reputable local developer, the property is offered as a single investment asset, ideal for investors seeking stable long-term cash flow with future upside. Each of the four townhome-style units is approximately 2,500 square feet and configured with 4 bedrooms and 3.5 bathrooms. Features include hardwood flooring, tiled bathrooms, central air, stainless steel appliances, in-unit laundry, private decks, and one-car garages. Each unit is separately metered for utilities, supporting efficient management and expense control. Guest parking is also included for added convenience. The property will convey as a single asset with no existing condominium association in place. A future condo conversion may offer additional exit flexibility and potential value enhancement. Located within 7-11 minutes of Yale University, Southern Connecticut State University, and the University of New Haven, the property benefits from consistent rental demand driven by nearby universities, faculty, and medical professionals. Projected market rents are $4,500 per unit per month, supporting an estimated gross annual income of approximately $216,000 based on current assumptions.

Listing Status:
Active
Date Added:
May 19, 2026
Data Last Updated:
July 4, 2026 at 8:50PM
Listing Office:
HomeSmart Homes and Estates : (203) 557-5088
Listing Agent:
Michael Bachmann : (203) 833-3681
MLS ID:
24176677
  • Laundry: All Units Have Hook-Ups
  • Basement: None
  • A/C: Heat Pump
  • Heating: Heat PumpElectric
  • General: SidewalkDeckGuttersLighting
  • Style: Units are Side-by-Side
  • Parking: Parking spaces: 16
  • Roofing: Asphalt Shingle
  • County: New Haven
  • Driveway: PrivatePavedAsphalt
  • Zoning: RM11262049
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Michael Bachmann , HomeSmart Homes and Estates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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